Commerce and NRF report flat retail sales numbers for July
Latest NewsBehind KION Group’s acquisition of Dematic UniCarriers Americas executives partner with Roosevelt University Brexit impact yet to be measured by U.S. logistics managers Rail carload and intermodal volumes fall for the week ending June 18, reports AAR BTS reports U.S.-NAFTA trade falls 3.2 percent in April More News
Latest ResourceOptimizing Global Transportation: How NVOCCs Can Use Technology to Operate More Profitably Thursday, July 7, 2016 | 2PM ET
Modest-to-flat gains in retail sales number are somewhat commonplace these days, and that was the case once again from June to July, based on data issued today by the United States Department of Commerce and the National Retail Federation (NRF).
Commerce reported that July retail sales at $439.8 billion were flat compared to June and up 3.7 percent compared to July 2013, and total retail sales from May through July are up 4.2 percent annually. And excluding automobiles, Commerce said total retail and food services in July were up 0.1 percent over June at $352.2 billion and up 3.1 percent compared to July 2013.
The NRF said that July retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.1 percent annually and up 4 percent on an annual unadjusted basis.
To read the complete article, please click here.
About the AuthorJeff Berman Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
WMS Update: What do we need to run a WMS? Supply Chain Software Convergence: Synchronization Realized View More From this Issue