{"id":1004180565,"date":"2017-06-14T07:48:45","date_gmt":"2017-06-14T15:48:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004180565"},"modified":"2022-12-08T00:03:14","modified_gmt":"2022-12-08T08:03:14","slug":"economy-watch-retail-sales-dip-in-may","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-dip-in-may\/","title":{"rendered":"Economy Watch: Retail Sales Dip in May"},"content":{"rendered":"<p>By Dees Stribling<\/p>\n<div id=\"attachment_1004039353\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004039353\" data-attachment-id=\"1004039353\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-dip-in-may\/040912-econwatch-grocery-shoppers-user-southareapictures\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"040912-EconWatch-Grocery-Shoppers-user-southareapictures\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg?w=640\" class=\"wp-image-1004039353 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg\" alt=\"040912-EconWatch-Grocery-Shoppers-user-southareapictures\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/04\/040912-EconWatch-Grocery-Shoppers-user-southareapictures.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004039353\" class=\"wp-caption-text\">Image courtesy of Flickr Creative Commons user southareapictures.<\/p><\/div>\n<p>U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That&#8217;s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month last year, however, retail sales were still up by 3.8 percent.<\/p>\n<p>As usual, some retail categories fared better than others. A handful of categories experienced month-over-month sales gains in May, such as furniture, up 0.4 percent, and apparel, up 0.3 percent. Grocery stores, as well as health and personal care stores, both eked out 0.1 percent gains for the month, though perhaps because of price increases.<\/p>\n<p>The biggest loser for the month was electronics retailing, with sales off 2.8 percent. Department stores and even general merchandise stores\u2014the likes of Walmart and Target\u2014recorded monthly losses as well, though fairly small.<\/p>\n<p>Compared with a year ago, most retail categories enjoyed rising sales, including an usually strong showing for building supplies and garden equipment, which gained 10.8 percent,. Electronic store sales were down, however (1.8 percent), as were department stores (3.7 percent) and sporting goods, hobby, book and music stores, off 4.7 percent for the year.<\/p>\n<p>Internet-based retail sales were up, as usual, according to the Census Bureau. Up 0.8 percent for the month in May, and 10.2 percent compared with a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Dees Stribling U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That&#8217;s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month last year, however, retail sales were still up by 3.8 percent.&hellip;<\/p>\n","protected":false},"author":1023,"featured_media":1004039353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21749],"tags":[34545,32915,32917],"class_list":["post-1004180565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-retail","tag-target-corporation","tag-united-states-census-bureau","tag-walmart"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economy Watch: Retail Sales Dip in May - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-retail-sales-dip-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Retail Sales Dip in May\" \/>\n<meta property=\"og:description\" content=\"By Dees Stribling U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. 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