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US retail sales increased in April 2018

According to National Retail Federation, sales in the US retail market, during the month of April 2018, marked a slight increase of 0.4 per cent on the seasonally adjusted basis over March and 2.8 per cent year-over-year. Retail sales during March were up 0.3 per cent on monthly and 5.2 per cent on year over year basis.

Segment-wise, sales in furniture and home furnishings during the period increased by 5.8 per cent year-over-year and by 0.8 per cent from March (seasonally adjusted). Whereas, clothing and clothing accessory store sales declined by 0.4 per cent Y-o-Y and up1.4 percent from March on the seasonally adjusted basis.

During the review period, 12.2 per cent increase was reported in online and other non-store sales year-over-year and increased 0.6 per cent over March on seasonally adjusted basis. However, general merchandise stores noted 0.8 per cent decline year-over-year but up 0.3 per cent from March seasonally adjusted.

 

 
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