Coresight Bites: US Retail Sales Growth Slows Slightly but Remains Very Strong

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 on June 15, 2021, May 2021 saw strong year-over-year growth—although down from April’s huge increase, which was largely due to weak comparatives in 2020.
• Compared to 2019 values, May sales were still very strong but represented the second straight month of declining growth.