World Footwear

World

US core retail sales hold their own

Jun 20, 2025 United States
US core retail sales hold their own
Continued growth in core retail sales in May was shown by data released by the US Census Bureau, despite a downturn in overall sales amid fluctuating tariffs, said the National Retail Federation
According to the US Census Bureau, overall retail sales decreased by 0.9% seasonally adjusted month-on-month in May but increased by 3.3% unadjusted year-on-year. This compares with a 0.1% decrease and a 5% increase, respectively, in April.

Excluding automobile dealers, gasoline stations and restaurants (core retail sales as defined by the NRF), sales in May increased by 0.1% seasonally adjusted month-over-month and by 3.9% unadjusted year-over-year. Overall, core sales increased by 4.4% year-over-year based on a three-month moving average, and by 3.9% in the first five months of the year.

“Despite a soft labour market, aggregate consumer spending has been supported by wage gains and an improvement in the stock market. Consumers are seeing their way through the uncertainty with trade policies, but I expect the inflation associated with tariffs to be felt later this year. Consumers remain very price sensitive, and those costs are likely to weigh heavily on consumer budgets”, commented Jack Kleinhenz, Chief Economist at National Retail Federation (NRF). 

The CNBC/NRF Retail Monitor had already reported that core retail sales had increased by 0.23% (seasonally adjusted) month-over-month in May, and by 4.2% (unadjusted) year-over-year. This is compared with increases of 0.9% and 7.11%, respectively, in April.


Image Credits: gjepc.org



Related Events

  • Oct
    14
    Oct 14-Oct 17, 2025 | Atlanta, United States

    Atlanta Apparel

  • Oct
    21
    Oct 21-Oct 24, 2025 | Dallas, United States

    Dallas Apparel & Accessories Market

  • Nov
    3
    Nov 3-Nov 4, 2025 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Dec
    1
    Dec 1-Dec 5, 2025 | New York, United States

    FFANY Market Week

Related Organizations

  • Council of Fashion Designers of America, Inc.

    Council of Fashion Designers of America, Inc.

    United States
  • USRA - United Shoe Retailers

    USRA - United Shoe Retailers

    United States
  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • Brooklyn Shoe Space

    Brooklyn Shoe Space

    United States