CB-99-134FOR WIRE TRANSMISION 8:30 A.M. ET., Wednesday, July 14, 1999
************************************************************************************************************************* INTENTION TO REVISE ESTIMATES. Monthly retail sales estimates will be revised based on the results of the 1997 Annual Retail Trade Survey, which reflects the preliminary 1997 Census of Retail Trade data. Unadjusted estimates will be revised for the months of January 1993 through June 1999, while the corresponding adjusted data will be revised for January 1990 through June 1999. Revised data are scheduled for release the week of July 26. *************************************************************************************************************************
The Census Bureau of the Department of Commerce announced today that advance estimates of U.S. retail sales for June adjusted for seasonal, holiday, and trading-day differences, but not for price changes, were $243.3 billion, an increase of 0.1 percent (±0.7%) from the previous month and up 8.0 percent (±0.9%) from June 1998. Total sales for the second quarter were up 8.0 percent (±0.7%) from the same quarter a year ago. The April to May 1999 percent change was revised from +1.0 percent (±0.7%) to +1.2 percent (±0.4%).
Durable goods decreased 0.4 percent (±1.4%) from May but were up 8.5 percent above last year. Building materials were up 13.4 percent from June a year ago.
Nondurable goods increased 0.4 percent (±0.6%) from last month and were up 7.5 percent from June 1998. Drug store sales were up 13.0 percent from June a year ago.
The advance estimates are based on a small subsample of the Bureau's full retail sales sample. Estimates from the advance and the subsequent full survey can differ because of the earlier reporting in the advance and because of sampling variability present in both surveys.
Percent Change in Retail Sales
(Data adjusted for seasonal, holiday, and trading-day differences, but not for price changes)
This report is available the day of issue through the Department of Commerce's online Economic Bulletin Board. For information call (202) 482-1986.
TABLE 1A: ESTIMATED ADVANCE MONTHLY RETAIL SALES--JUNE 1999 Adjusted for Seasonal, Holiday and Trading-day Differences (Millions of Dollars) 1999 SIC Kind of business code June May Apr. adv. prel. final Retail trade, total........... 243,316 243,165 240,170 Total (excl. auto dealers). 182,626 181,881 180,977 Durable goods, total........ 103,346 103,794 101,442 52 Building mat., hardware, garden supply, and mobile home dealers.. 15,453 15,390 15,394 521,3 Building mat. and supply stores. (*) 11,714 11,804 525 Hardware stores................. (*) 1,391 1,389 55 ex. 554 Automotive dealers................ 60,690 61,284 59,193 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 57,332 57,901 55,780 551 Motor vehicle (franchised).... (*) (NA) (NA) 553 Auto and home supply stores..... (*) 3,383 3,413 57 Furniture, home furnishings, and equipment stores................. 14,220 14,189 14,090 571 Furniture and home furnishings.. (*) 6,620 6,643 5722,31,4 Household appliance, radio, TV, and computer stores............ (*) 6,589 6,468 5722 Household appliance stores.... (*) (NA) (NA) Nondurable goods, total..... 139,970 139,371 138,728 53 General merchandise group stores.. 31,732 31,564 31,459 531 Dept. stores (ex. leased depts.) 24,823 24,685 24,622 531 Dept. stores (in. leased depts.) (*) 25,038 24,950 533 Variety stores.................. (*) 1,179 1,161 539 Misc. general mdse. stores...... (*) 5,700 5,676 54 Food stores....................... 38,786 38,732 38,271 541 Grocery stores.................. 36,203 36,234 35,818 554 Gasoline service stations......... 13,258 13,308 13,448 56 Apparel and accessory stores...... 11,225 11,203 11,125 561 Men's and boys' clothing and furnishings stores......... (*) 1,022 1,054 562,3 Women's clothing, specialty stores........................ (*) 2,873 2,890 565 Family clothing stores.......... (*) (NA) (NA) 566 Shoe stores..................... (*) 1,768 1,764 58 Eating and drinking places........ 21,946 21,906 21,845 591 Drug and proprietary stores....... 9,874 9,726 9,694 592 Liquor stores..................... (*) 2,267 2,263 5961 Total mail order................... (*) 5,184 5,164 53,56,57, GAF................................ (*) 65,695 65,336 594 1998 SIC Kind of business code June(r) May (r) Retail trade, total........... 225,381 224,576 Total (excl. auto dealers). 169,061 168,853 Durable goods, total........ 95,217 94,604 52 Building mat., hardware, garden supply, and mobile home dealers.. 13,629 13,791 521,3 Building mat. and supply stores. 10,421 10,400 525 Hardware stores................. 1,265 1,264 55 ex. 554 Automotive dealers................ 56,320 55,723 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 53,065 52,473 551 Motor vehicle (franchised).... (NA) (NA) 553 Auto and home supply stores..... 3,255 3,250 57 Furniture, home furnishings, and equipment stores................. 13,170 13,039 571 Furniture and home furnishings.. 6,289 6,276 5722,31,4 Household appliance, radio, TV, and computer stores............ 5,904 5,793 5722 Household appliance stores.... (NA) (NA) Nondurable goods, total..... 130,164 129,972 53 General merchandise group stores.. 29,379 29,354 531 Dept. stores (ex. leased depts.) 23,158 23,216 531 Dept. stores (in. leased depts.) 23,515 23,622 533 Variety stores.................. 979 966 539 Misc. general mdse. stores...... 5,242 5,172 54 Food stores....................... 36,889 36,758 541 Grocery stores.................. 34,515 34,397 554 Gasoline service stations......... 12,533 12,532 56 Apparel and accessory stores...... 10,314 10,355 561 Men's and boys' clothing and furnishings stores......... 979 954 562,3 Women's clothing, specialty stores........................ 2,581 2,649 565 Family clothing stores.......... (NA) (NA) 566 Shoe stores..................... 1,724 1,740 58 Eating and drinking places........ 20,534 20,433 591 Drug and proprietary stores....... 8,736 8,730 592 Liquor stores..................... 2,014 2,054 5961 Total mail order................... 4,495 4,640 53,56,57, GAF................................ 61,270 61,168 594 * Advance estimates are not available from the subsample panel for these kinds of business. NA Not available. r Revised. TABLE 1B: ESTIMATED ADVANCE MONTHLY RETAIL SALES--JUNE 1999 Not adjusted for Seasonal, Holiday and Trading-day Differences (Millions of Dollars) 1999 SIC Kind of business code June May Apr. adv. prel. final Retail trade, total........... 249,521 250,193 238,326 Total (excl. auto dealers). 181,969 184,478 175,708 Durable goods, total........ 112,024 109,270 103,675 52 Building mat., hardware, garden supply, and mobile home dealers.. 18,142 18,034 16,882 521,3 Building mat. and supply stores. (*) 13,167 12,689 525 Hardware stores................. (*) 1,576 1,474 55 ex. 554 Automotive dealers................ 67,552 65,715 62,618 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 63,925 62,244 59,127 551 Motor vehicle (franchised).... (*) 52,144 49,587 553 Auto and home supply stores..... (*) 3,471 3,491 57 Furniture, home furnishings, and equipment stores................. 13,594 13,327 12,827 571 Furniture and home furnishings.. (*) 6,461 6,284 5722,31,4 Household appliance, radio, TV, and computer stores............ (*) 5,989 5,685 5722 Household appliance stores.... (*) 889 866 Nondurable goods, total..... 137,497 140,923 134,651 53 General merchandise group stores.. 30,381 31,380 29,201 531 Dept. stores (ex. leased depts.) 23,458 24,512 22,874 531 Dept. stores (in. leased depts.) (*) 24,906 23,239 533 Variety stores.................. (*) 1,151 1,082 539 Misc. general mdse. stores...... (*) 5,717 5,245 54 Food stores....................... 38,641 39,727 37,594 541 Grocery stores.................. 36,058 37,212 35,173 554 Gasoline service stations......... 13,894 13,894 13,408 56 Apparel and accessory stores...... 10,473 10,909 10,582 561 Men's and boys' clothing and furnishings stores......... (*) 986 990 562,3 Women's clothing, specialty stores........................ (*) 2,979 2,850 565 Family clothing stores.......... (*) 4,162 3,967 566 Shoe stores..................... (*) 1,842 1,764 58 Eating and drinking places........ 22,495 23,001 21,998 591 Drug and proprietary stores....... 9,647 9,784 9,607 592 Liquor stores..................... (*) 2,283 2,157 5961 Total mail order................... (*) 4,702 4,854 53,56,57, GAF................................ (*) 63,542 59,938 594 1998 SIC Kind of business code June May Retail trade, total........... 230,837 232,369 Total (excl. auto dealers). 168,105 172,197 Durable goods, total........ 103,255 100,113 52 Building mat., hardware, garden supply, and mobile home dealers.. 16,103 16,158 521,3 Building mat. and supply stores. 12,068 11,700 525 Hardware stores................. 1,445 1,445 55 ex. 554 Automotive dealers................ 62,732 60,172 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 59,220 56,828 551 Motor vehicle (franchised).... 50,402 48,222 553 Auto and home supply stores..... 3,512 3,344 57 Furniture, home furnishings, and equipment stores................. 12,564 12,298 571 Furniture and home furnishings.. 6,201 6,157 5722,31,4 Household appliance, radio, TV, and computer stores............ 5,497 5,260 5722 Household appliance stores.... 967 895 Nondurable goods, total..... 127,582 132,256 53 General merchandise group stores.. 27,793 29,373 531 Dept. stores (ex. leased depts.) 21,653 23,193 531 Dept. stores (in. leased depts.) 22,040 23,617 533 Variety stores.................. 903 956 539 Misc. general mdse. stores...... 5,237 5,224 54 Food stores....................... 36,599 37,981 541 Grocery stores.................. 34,239 35,566 554 Gasoline service stations......... 13,210 13,171 56 Apparel and accessory stores...... 9,611 10,152 561 Men's and boys' clothing and furnishings stores......... 911 927 562,3 Women's clothing, specialty stores........................ 2,493 2,752 565 Family clothing stores.......... 3,680 3,791 566 Shoe stores..................... 1,715 1,822 58 Eating and drinking places........ 21,088 21,700 591 Drug and proprietary stores....... 8,570 8,765 592 Liquor stores..................... 2,020 2,097 5961 Total mail order................... 4,014 4,185 53,56,57, GAF................................ 57,644 59,544 594 * Advance estimates are not available from the subsample panel for these kinds of business. NA Not available. r Revised. TABLE 2: PERCENT CHANGE IN ADVANCE MONTHLY RETAIL SALES--JUNE 1999 Adjusted for Seasonal, Holiday and Trading-day Differences (Percent Change) June May 1999 1999 adv. prel. from-- from-- SIC Kind of business May June Apr. May CODE 1999 1998 1999 1998 Prel. Final Final Final Retail trade, total........... +0.1 +8.0 +1.2 +8.3 Total (excl. auto dealers). +0.4 +8.0 +0.5 +7.7 Durable goods, total........ -0.4 +8.5 +2.3 +9.7 52 Building mat., hardware, garden supply, and mobile home dealers.. +0.4 +13.4 0.0 +11.6 55 ex. 554 Automotive dealers................ -1.0 +7.8 +3.5 +10.0 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. -1.0 +8.0 +3.8 +10.3 57 Furniture, home furnishings, and equipment stores................. +0.2 +8.0 +0.7 +8.8 Nondurable goods, total..... +0.4 +7.5 +0.5 +7.2 53 General merchandise group stores.. +0.5 +8.0 +0.3 +7.5 531 Dept. stores (ex. leased dept.). +0.6 +7.2 +0.3 +6.3 531 Dept. stores (in. leased dept.). (NA) (NA) +0.4 +6.0 54 Food stores....................... +0.1 +5.1 +1.2 +5.4 541 Grocery stores.................. -0.1 +4.9 +1.2 +5.3 554 Gasoline service stations......... -0.4 +5.8 -1.0 +6.2 56 Apparel and accessory stores...... +0.2 +8.8 +0.7 +8.2 58 Eating and drinking places........ +0.2 +6.9 +0.3 +7.2 591 Drug and proprietary stores....... +1.5 +13.0 +0.3 +11.4 Not adjusted for Seasonal, Holiday and Trading-day Differences (Percent Change) June May 1999 1999 adv. prel. from-- from-- SIC Kind of business May June Apr. May CODE 1999 1998 1999 1998 Prel. Final Final Final Retail trade, total........... -0.3 +8.1 +5.0 +7.7 Total (excl. auto dealers). -1.4 +8.2 +5.0 +7.1 Durable goods, total........ +2.5 +8.5 +5.4 +9.1 52 Building mat., hardware, garden supply, and mobile home dealers.. +0.6 +12.7 +6.8 +11.6 55 ex. 554 Automotive dealers................ +2.8 +7.7 +4.9 +9.2 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. +2.7 +7.9 +5.3 +9.5 57 Furniture, home furnishings, and equipment stores................. +2.0 +8.2 +3.9 +8.4 Nondurable goods, total..... -2.4 +7.8 +4.7 +6.6 53 General merchandise group stores.. -3.2 +9.3 +7.5 +6.8 531 Dept. stores (ex. leased dept.). -4.3 +8.3 +7.2 +5.7 531 Dept. stores (in. leased dept.). (NA) (NA) +7.2 +5.5 54 Food stores....................... -2.7 +5.6 +5.7 +4.6 541 Grocery stores.................. -3.1 +5.3 +5.8 +4.6 554 Gasoline service stations......... 0.0 +5.2 +3.6 +5.5 56 Apparel and accessory stores...... -4.0 +9.0 +3.1 +7.5 58 Eating and drinking places........ -2.2 +6.7 +4.6 +6.0 591 Drug and proprietary stores....... -1.4 +12.6 +1.8 +11.6 NA Not available. SOURCE: Advance Monthly Retail Sales--JUNE 1999 (Press Release available without charge from Public Information Office, Bureau of the Census, Washington, D.C. 20233). Survey methodology and measures of sampling variability are documented in the Advance Press Release. Questions concerning this report should be directed to Mr. Ronald Piencykoski (301) 457-2713/2666.
Estimates of sampling variability are given in Table 3. They are based on two components. The first component is a measure of the average difference between the Advance and the Preliminary estimates. The second reflects the variability of the Preliminary estimate. Additionally, both the Advance and the full survey are subject to nonsampling errors. Such errors can occur because of nonresponse, insufficient coverage of the universe of retail businesses, and response errors, among others. Precautionary steps are taken to minimize these errors, but their magnitude is not directly measured.
Preliminary estimates for the current month and final estimates for the previous month based on the full sample are published next month in the Monthly Retail Trade Report. This report will provide sales estimates in greater detail and additional measures of sampling variability. It will also present a description of revisions and the techniques used in developing the estimates, and an explanation of confidence intervals and sampling variability (Appendix B, Reliability of Data).
(2) ---- These columns measure the difference between the Advance/Preliminary ratio and the Preliminary/Final ratio estimates -- i.e., the difference between estimates of trend for the same pair of data months. The revisions for Retail trade total are based on the latest 12 months of data while all other kinds of business are based on the preceding 12 months.