December 2019 US Holiday Retail Sales and Comparable Sales Review: Solid Total Growth Not Enough To Support Challenged Sectors

What's Inside

Retail sales data reported by the US Census Bureau indicates total consumer demand was solid over the holiday season, although sales updates from major US retailers have so far been mixed and reflect structural shifts in where consumers spend.

• Overall retail sales climbed strongly in December
• Nonstore retailers performed particularly well, while electronics retailers continued to see sector sales decline