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After a down March, retail and food services sales rebound
April numbers from the U.S. Census Bureau show slight increases
1 Min Read
The advance estimates are based on a subsample of the Census Bureau’s full retail and food services sample.Getty Images
Advance estimates of U.S. retail and food services sales for April 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $686.1 billion, up 0.4% (±0.5%)* from the previous month, and up 1.6% (±0.7%) above April 2022. Total sales for the February 2023 through April 2023 period were up 3.1% (±0.4%) from the same period a year ago. The February 2023 to March 2023 percent change was revised from down 0.6% (±0.5%) to down 0.7% (±0.2%).
Retail trade sales were up 0.4% (±0.5%)* from March 2023, and up 0.5% (±0.5%)* above last year. Nonstore retailers were up 8% (±1.2%) from last year, while food services and drinking places were up 9.4% (±2.5%) from April 2022.
The advance estimates are based on a subsample of the Census Bureau’s full retail and food services sample. A stratified random sampling method is used to select approximately 4,800 retail and food services firms whose sales are then weighted and benchmarked to represent the complete universe of over 3 million retail and food services firms.
