Home / Knowledge / News / Apparel/Garments / US clothing retail sales dip 0.5% this Sept - NRF
US clothing retail sales dip 0.5% this Sept - NRF
30
Oct '13
While government latest statistics show a slight decrease in retail sales in September, driven by the automobile sector, the National Retail Federation’s figures, which exclude automobiles, gas stations and restaurants, indicate broad sales gains in most retail sectors. According to NRF, retail sales increased a healthy 0.6 percent seasonally adjusted from last month, and 3.8 percent unadjusted year-over-year.

“Retailers witnessed a solid sales performance in September, with marked gains in all sectors, excluding clothing,” NRF President and CEO Matthew Shay said. “The American consumer remains ever-cautious and value-driven but continues to spend.”

“Only time will tell if and when the government shutdown and debt ceiling debacle will impact retailers and consumers this fall and winter. The true economic impact of Washington’s inability to enact policies that enhance and sustain economic growth and certainty remains to be seen.”

September retail sales, released today by the U.S. Census Bureau, showed that total retail and food services sales, which include non-general merchandise categories such as automobiles, gasoline stations, and restaurants, decreased 0.1 percent seasonally adjusted month-to-month yet increased 3.2 percent adjusted year-over-year.

“Falling gas prices combined with rising housing and stock prices continue to support consumer spending, and the broader economy,” NRF Chief Economist Jack Kleinhenz said.

“While far from robust, consumers are shopping, but they are spending both discriminately and moderately. Volatility still persists in various retail sectors but spending has somewhat stabilized heading into the all-important holiday shopping season.”

Earlier this month, NRF released its holiday forecast, which indicated a 3.9 percent retail sales increase over last year, reaching $602.1 billion.

Other findings from the September retail sales report include:

- Clothing and clothing accessories stores' sales decreased 0.5 percent seasonally-adjusted month-to-month yet increased 0.7 percent unadjusted year-over-year.

- Furniture and home furnishing stores’ sales increased 0.2 percent seasonally-adjusted month-to-month and 4.1 percent unadjusted year-over-year.

- Health and personal care stores’ sales increased 0.4 percent seasonally-adjusted month-to-month and 4.6 percent unadjusted year-over-year.

- Building material and garden equipment and supplies dealer’s stores’ sales increased 0.1 percent seasonally-adjusted and 8.0 percent unadjusted year-over-year.

- Electronics and appliance stores’ sales increased 0.7 percent seasonally-adjusted month-to-month and 1.8 percent unadjusted year-over-year.


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search