California Economy and Taxes
 



U.S. Retail Sales Update: September 2024 October 17, 2024

U.S. retail sales have grown 1.7 percent over the last 3 months and also 1.7 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months. 


U.S. Retail Sales Update: August 2024 September 17, 2024

U.S. retail sales have grown 0.9 percent over the last 3 months and 2.1 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months. 


U.S. Retail Sales Update: July 2024 August 16, 2024

U.S. retail sales have grown 1 percent over the last 3 months and 2.7 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months. 


U.S. Retail Sales Update: June 2024 July 16, 2024

U.S. retail sales have grown 0.1 percent over the last 3 months and 2.3 percent over the last 12 months. Over both periods, sales have grown more slowly than inflation. 


U.S. Retail Sales Update: May 2024 June 18, 2024

U.S. retail sales have grown 0.4 percent over the last 3 months and 2.3 percent over the last 12 months. Over both periods, sales have grown more slowly than inflation. 


U.S. Retail Sales Update: March 2024 April 15, 2024

U.S. retail sales have grown 0.8 percent over the last 3 months and 4 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 12 months, but not over the last 3 months.


U.S. Retail Sales Update: February 2024 March 14, 2024

U.S. retail sales have dropped 0.4 percent over the last 3 months and grown 1.5 percent over the last 12 months. The 12-month growth rate was below the rate of inflation. 


U.S. Retail Sales Update: January 2024 February 15, 2024

U.S. retail sales have dropped 0.5 percent over the last 3 months and grown 0.6 percent over the last 12 months.  The 12-month growth rate was well below the rate of inflation. 


U.S. Retail Sales Update: December 2023 January 17, 2024

U.S. retail sales have grown 0.7 percent over the last 3 months and 5.6 percent over the last 12 months. Both of these growth rates outpaced inflation. 


U.S. Retail Sales Update: November 2023 December 14, 2023

U.S. retail sales have grown 0.9 percent over the last 3 months and 4.1 percent over the last 12 months. Both of these growth rates outpaced inflation. 


U.S. Retail Sales Update: October 2023 November 15, 2023

U.S. retail sales have grown 1.5 percent over the last 3 months and 2.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.


U.S. Retail Sales Update: September 2023 October 17, 2023

U.S. retail sales have grown 2.1 percent over the last 3 months and 3.8 percent over the last 12 months. Retail sales growth has well outpaced inflation over the last 3 months, but not over the last 12 months.


U.S. Retail Sales Update: August 2023 September 14, 2023

U.S. retail sales have grown 1.2 percent over the last 3 months and 2.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.


U.S. Retail Sales Update: June 2023 July 18, 2023

U.S. retail sales have grown 1.1 percent over the last 3 months and 1.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.


U.S. Retail Sales Update: May 2023 June 15, 2023

U.S. retail sales have been roughly flat (0.2 percent decline) over the last 3 months and grown 1.6 percent over the last 12 months.