Coresight Bites: US Retail Sales, January 2022—Healthy Sales Growth Against Strong 2021 Comparatives

Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here.

• Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China.
• Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.
• Coresight Research’s measure of core retail sales is the unadjusted year-over-year change, excluding gasoline and automobiles. As reported by the US Census Bureau, January 2022 saw healthy growth versus 2021, boosted by continued average hourly wage growth in a strong month of job creation. Amid the surge of Omicron in the US, consumers spent more on goods rather than services as they increased their avoidance of public places in January.

Click the image to read more about January retail sales.