Retail Sales Slip in September

NRFWASHINGTON-U.S. retail sales finished September at an adjusted total of $425.9 billion, down 0.1 percent from August but up 3.2 percent over September of last year.

Most of the month-to-month decline occurred in the auto sector, whose sales fell 2.2 percent from August while rising 5.1 percent from September 2012. Sales at all of the non-auto channels were up 0.4 percent from August and 2.8 percent year over year.

Sales at furniture and home furnishings stores were up 0.2 percent from August and 4.3 percent over last September, while sales at general merchandise stores rose 0.4 percent month over month and 0.6 percent year over year. Sales at department stores (excluding leased departments) were down 0.9 percent from August and 6 percent from September 2012.

In the National Retail Federation's monthly statement on the results, Jack Kleinhenz, NRF's chief economist, said, "Falling gas prices, combined with rising housing and stock prices, continue to support consumer spending and the broader economy. While far from robust, consumers are shopping, but they are spending both discriminately and moderately."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

  • Patti Carpenter Talks Color and its Importance in the Home

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN August 2017 cover

    HFN's DIGITAL EDITION

    August 2017


    COVER STORY: Sharpening the Focus on Millennials

    Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.


    ALSO IN THIS ISSUE:

    • Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
    •  Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.