US Census Bureau Provides Advance Monthly Sales For Retail And Food Services for May 2020

The U.S. Census Bureau announced the advance estimates of U.S. retail and food services sales for May 2020.

During May 2020, advance estimates of U.S. retail and food services sales increased by 17.7% to A$485.5 billion as compared to April 2020. Total sales for the March 2020 through May 2020 period declined 10.5% as compared to the previous corresponding period.

Retail trade sales increased 16.8% from April 2020 while below 1.4% on pcp. Nonstore retailers improved 30.8% from May 2019 and building material & garden equipment and supplies dealers by 16.4%.

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