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This is an excerpt from Thursday’s (5/17) Point of Sale retail supply chain newsletter sponsored by ArcBest.
The headlines read something like “April retail sales flat, missing expectations.” Indeed, Americans spent 0.0% more in April (seasonally adjusted) than we did in March. Compared to this time last year, retail sales in April climbed 37.2%. Both of these numbers mean very little because of their respective wacky denominators.
Retail sales came in flat month-over-month in April, but after a...
https://www.freightwaves.com/news/april-retail-sales-were-excellent-for-freight-markets
February saw a decline from January in overall retail sales, but non-store retail, which includes e-commerce, continues to outpace overall sales, rising 25.9% from February 2020 and 1.8% from January, according to monthly data released Tuesday from the U.S. Census Bureau. However, some experts are predicting boom times ahead.
Retail and food service sales dropped 3% in February from January in the final report before the latest round of stimulus payments hit consumers’ bank accounts. February’s...
https://www.freightwaves.com/news/return-of-roaring-20s-dip-in-retail-sales-could-set-up-big-spring