CB-99-112FOR WIRE TRANSMISION 8:30 A.M. ET., Friday, June 11, 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 May adjusted for seasonal, holiday, and trading-day differences, but not for price changes, were $242.2 billion, an increase of 1.0 percent (±0.7%) from the previous month and up 7.8 percent (±0.9%) from May 1998. Total sales for the March through May period were up 8.0 percent (±0.7%) from the same period a year ago. The March to April 1999 percent change was revised from +0.1 percent (±0.7%) to +0.4 percent (±0.3%).
Durable goods increased 1.8 percent (±1.4%) from April and were 8.9 percent above last year. Building materials were up 11.6 percent from May a year ago, while furniture sales were up 9.1 percent during the same period.
Nondurable goods increased 0.3 percent (±0.6%) from last month and were up 6.9 percent from May 1998. Drug store sales were up 11.8 percent from May 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--MAY 1999 Adjusted for Seasonal, Holiday and Trading-day Differences (Millions of Dollars) 1999 SIC Kind of business code May Apr. Mar. adv. prel. final Retail trade, total........... 242,239 239,918 239,026 Total (excl. auto group).. 181,786 180,968 179,609 Durable goods, total........ 103,145 101,297 101,652 52 Building mat., hardware, garden supply, and mobile home dealers.. 15,397 15,477 15,241 521,3 Building mat. and supply stores. (*) 11,849 11,755 525 Hardware stores................. (*) 1,396 1,385 55 ex. 554 Automotive dealers................ 60,453 58,950 59,417 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 57,041 55,524 56,042 551 Motor vehicle (franchised).... (*) (NA) (NA) 553 Auto and home supply stores..... (*) 3,426 3,375 57 Furniture, home furnishings, and equipment stores................. 14,242 14,088 14,090 571 Furniture and home furnishings.. (*) 6,675 6,704 5722,31,4 Household appliance, radio, TV, and computer stores............ (*) 6,439 6,403 5722 Household appliance stores.... (*) (NA) (NA) Nondurable goods, total..... 139,094 138,621 137,374 53 General merchandise group stores.. 31,781 31,505 31,608 531 Dept. stores (ex. leased depts.) 24,859 24,661 24,794 531 Dept. stores (in. leased depts.) (*) 25,032 25,171 533 Variety stores.................. (*) 1,157 1,139 539 Misc. general mdse. stores...... (*) 5,687 5,675 54 Food stores....................... 38,360 38,090 38,262 541 Grocery stores.................. 35,884 35,638 35,829 554 Gasoline service stations......... 13,350 13,455 12,806 56 Apparel and accessory stores...... 11,183 11,124 10,917 561 Men's and boys' clothing and furnishings stores......... (*) 1,050 979 562,3 Women's clothing, specialty stores........................ (*) 2,897 2,845 565 Family clothing stores.......... (*) (NA) (NA) 566 Shoe stores..................... (*) 1,764 1,725 58 Eating and drinking places........ 21,824 21,816 21,569 591 Drug and proprietary stores....... 9,762 9,706 9,609 592 Liquor stores..................... (*) 2,259 2,188 5961 Total mail order................... (*) 5,169 5,026 53,56,57, GAF................................ (*) 65,425 65,360 594 1998 SIC Kind of business code May (r) Apr.(r) Retail trade, total........... 224,801 222,739 Total (excl. auto group).. 168,981 167,615 Durable goods, total........ 94,737 93,686 52 Building mat., hardware, garden supply, and mobile home dealers.. 13,794 13,702 521,3 Building mat. and supply stores. 10,391 10,424 525 Hardware stores................. 1,261 1,279 55 ex. 554 Automotive dealers................ 55,820 55,124 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 52,570 51,920 551 Motor vehicle (franchised).... (NA) (NA) 553 Auto and home supply stores..... 3,250 3,204 57 Furniture, home furnishings, and equipment stores................. 13,059 12,952 571 Furniture and home furnishings.. 6,270 6,291 5722,31,4 Household appliance, radio, TV, and computer stores............ 5,819 5,689 5722 Household appliance stores.... (NA) (NA) Nondurable goods, total..... 130,064 129,053 53 General merchandise group stores.. 29,312 29,191 531 Dept. stores (ex. leased depts.) 23,170 23,070 531 Dept. stores (in. leased depts.) 23,571 23,513 533 Variety stores.................. 970 951 539 Misc. general mdse. stores...... 5,172 5,170 54 Food stores....................... 36,795 36,649 541 Grocery stores.................. 34,430 34,259 554 Gasoline service stations......... 12,556 12,420 56 Apparel and accessory stores...... 10,382 10,412 561 Men's and boys' clothing and furnishings stores......... 958 974 562,3 Women's clothing, specialty stores........................ 2,646 2,678 565 Family clothing stores.......... (NA) (NA) 566 Shoe stores..................... 1,744 1,733 58 Eating and drinking places........ 20,452 20,218 591 Drug and proprietary stores....... 8,730 8,670 592 Liquor stores..................... 2,056 2,039 5961 Total mail order................... 4,671 4,491 53,56,57, GAF................................ 61,182 60,818 594 * 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--MAY 1999 Not adjusted for Seasonal, Holiday and Trading-day Differences (Millions of Dollars) 1999 SIC Kind of business code May Apr. Mar. adv. prel. final Retail trade, total........... 249,018 238,086 239,909 Total (excl. auto group).. 184,426 175,677 174,624 Durable goods, total........ 108,228 103,591 105,007 52 Building mat., hardware, garden supply, and mobile home dealers.. 17,845 16,979 14,586 521,3 Building mat. and supply stores. (*) 12,714 11,402 525 Hardware stores................. (*) 1,474 1,258 55 ex. 554 Automotive dealers................ 64,592 62,409 65,285 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 61,091 58,911 61,870 551 Motor vehicle (franchised).... (*) 49,427 52,629 553 Auto and home supply stores..... (*) 3,498 3,415 57 Furniture, home furnishings, and equipment stores................. 13,430 12,827 13,677 571 Furniture and home furnishings.. (*) 6,308 6,597 5722,31,4 Household appliance, radio, TV, and computer stores............ (*) 5,673 6,160 5722 Household appliance stores.... (*) 868 884 Nondurable goods, total..... 140,790 134,495 134,902 53 General merchandise group stores.. 31,761 29,222 29,336 531 Dept. stores (ex. leased depts.) 24,784 22,885 22,910 531 Dept. stores (in. leased depts.) (*) 23,249 23,255 533 Variety stores.................. (*) 1,082 1,097 539 Misc. general mdse. stores...... (*) 5,255 5,329 54 Food stores....................... 39,305 37,422 38,107 541 Grocery stores.................. 36,817 34,997 35,686 554 Gasoline service stations......... 13,897 13,388 12,550 56 Apparel and accessory stores...... 10,937 10,577 10,330 561 Men's and boys' clothing and furnishings stores......... (*) 991 858 562,3 Women's clothing, specialty stores........................ (*) 2,842 2,720 565 Family clothing stores.......... (*) 3,970 3,923 566 Shoe stores..................... (*) 1,764 1,754 58 Eating and drinking places........ 22,893 21,991 21,612 591 Drug and proprietary stores....... 9,830 9,609 9,888 592 Liquor stores..................... (*) 2,157 2,033 5961 Total mail order................... (*) 4,843 5,157 53,56,57, GAF................................ (*) 59,993 60,794 594 1998 SIC Kind of business code May Apr. Retail trade, total........... 232,369 221,166 Total (excl. auto group).. 172,197 163,229 Durable goods, total........ 100,113 95,261 52 Building mat., hardware, garden supply, and mobile home dealers.. 16,158 14,903 521,3 Building mat. and supply stores. 11,700 11,070 525 Hardware stores................. 1,445 1,345 55 ex. 554 Automotive dealers................ 60,172 57,937 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. 56,828 54,672 551 Motor vehicle (franchised).... 48,222 46,383 553 Auto and home supply stores..... 3,344 3,265 57 Furniture, home furnishings, and equipment stores................. 12,298 11,787 571 Furniture and home furnishings.. 6,157 5,932 5722,31,4 Household appliance, radio, TV, and computer stores............ 5,260 5,012 5722 Household appliance stores.... 895 817 Nondurable goods, total..... 132,256 125,905 53 General merchandise group stores.. 29,373 27,565 531 Dept. stores (ex. leased depts.) 23,193 21,778 531 Dept. stores (in. leased depts.) 23,617 22,197 533 Variety stores.................. 956 922 539 Misc. general mdse. stores...... 5,224 4,865 54 Food stores....................... 37,981 36,152 541 Grocery stores.................. 35,566 33,745 554 Gasoline service stations......... 13,171 12,283 56 Apparel and accessory stores...... 10,152 10,127 561 Men's and boys' clothing and furnishings stores......... 927 930 562,3 Women's clothing, specialty stores........................ 2,752 2,694 565 Family clothing stores.......... 3,791 3,723 566 Shoe stores..................... 1,822 1,818 58 Eating and drinking places........ 21,700 20,178 591 Drug and proprietary stores....... 8,765 8,670 592 Liquor stores..................... 2,097 1,925 5961 Total mail order................... 4,185 4,141 53,56,57, GAF................................ 59,544 56,527 594 * 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--MAY 1999 Adjusted for Seasonal, Holiday and Trading-day Differences (Percent Change) May Apr. 1999 1999 adv. prel. from-- from-- SIC Kind of business Apr. May Mar. Apr. CODE 1999 1998 1999 1998 Prel. Final Final Final Retail trade, total........... +1.0 +7.8 +0.4 +7.7 Total (excl. auto group).. +0.5 +7.6 +0.8 +8.0 Durable goods, total........ +1.8 +8.9 -0.3 +8.1 52 Building mat., hardware, garden supply, and mobile home dealers.. -0.5 +11.6 +1.5 +13.0 55 ex. 554 Automotive dealers................ +2.5 +8.3 -0.8 +6.9 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. +2.7 +8.5 -0.9 +6.9 57 Furniture, home furnishings, and equipment stores................. +1.1 +9.1 0.0 +8.8 Nondurable goods, total..... +0.3 +6.9 +0.9 +7.4 53 General merchandise group stores.. +0.9 +8.4 -0.3 +7.9 531 Dept. stores (ex. leased dept.). +0.8 +7.3 -0.5 +6.9 531 Dept. stores (in. leased dept.). (NA) (NA) -0.6 +6.5 54 Food stores....................... +0.7 +4.3 -0.4 +3.9 541 Grocery stores.................. +0.7 +4.2 -0.5 +4.0 554 Gasoline service stations......... -0.8 +6.3 +5.1 +8.3 56 Apparel and accessory stores...... +0.5 +7.7 +1.9 +6.8 58 Eating and drinking places........ 0.0 +6.7 +1.1 +7.9 591 Drug and proprietary stores....... +0.6 +11.8 +1.0 +11.9 Not adjusted for Seasonal, Holiday and Trading-day Differences (Percent Change) May Apr. 1999 1999 adv. prel. from-- from-- SIC Kind of business Apr. May Mar. Apr. CODE 1999 1998 1999 1998 Prel. Final Final Final Retail trade, total........... +4.6 +7.2 -0.8 +7.7 Total (excl. auto group).. +5.0 +7.1 +0.6 +7.6 Durable goods, total........ +4.5 +8.1 -1.3 +8.7 52 Building mat., hardware, garden supply, and mobile home dealers.. +5.1 +10.4 +16.4 +13.9 55 ex. 554 Automotive dealers................ +3.5 +7.3 -4.4 +7.7 551,2,5, Motor vehicle and miscellaneous 6,7,9 automotive dealers............. +3.7 +7.5 -4.8 +7.8 57 Furniture, home furnishings, and equipment stores................. +4.7 +9.2 -6.2 +8.8 Nondurable goods, total..... +4.7 +6.5 -0.3 +6.8 53 General merchandise group stores.. +8.7 +8.1 -0.4 +6.0 531 Dept. stores (ex. leased dept.). +8.3 +6.9 -0.1 +5.1 531 Dept. stores (in. leased dept.). (NA) (NA) .0 +4.7 54 Food stores....................... +5.0 +3.5 -1.8 +3.5 541 Grocery stores.................. +5.2 +3.5 -1.9 +3.7 554 Gasoline service stations......... +3.8 +5.5 +6.7 +9.0 56 Apparel and accessory stores...... +3.4 +7.7 +2.4 +4.4 58 Eating and drinking places........ +4.1 +5.5 +1.8 +9.0 591 Drug and proprietary stores....... +2.3 +12.2 -2.8 +10.8 NA Not available. SOURCE: Advance Monthly Retail Sales--MAY 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.