What is retail trade sales and food services sales?
monthly data that track U.S. sales, changes from previous periods, and where sales rose and/or fell. The data measures personal consumption across retail industries (except for autos) and tracks consumer spending.
Who reports retail sales?
How Is the Retail Sales Report Used? The U.S. Census Bureau report measures the U.S. retail industry each month by surveying around 5,500 employer firms to collect retail sales data.
What is the advance monthly sales for retail and food services?
Advance estimates of U.S. retail and food services sales for September 2021, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $625.4 billion, an increase of 0.7 percent (±0.5 percent) from the previous month, and 13.9 percent (±0.7 percent) above September 2020.
What are the annual sales of the food & beverage industry in the United States?
Annual sales of retail food and beverage stores in the U.S. 1992-2020. This statistic shows the annual sales of retail food and beverage stores in the United States from 1992 to 2020. In 2020, U.S. sales of retail food and beverage stores amounted to approximately 865 billion U.S. dollars.
What do you mean by retail sales?
A retail sale occurs when a business sells a product or service to an individual consumer for his or her own use. The transaction itself can occur through a number of different sales channels, such as online, in a brick-and-mortar storefront, through direct sales, or direct mail.
Does retail include restaurants?
Retail and Its Primary Job Retail distribution also includes home sales such as Avon Products and TV retailers like QVC. The retail industry also sells services, including restaurants, hotels, and hairdressers. The most critical time in retail sales is the holiday shopping season.
What do Retail sales include?
Retail sales is the sale of consumer goods, or final goods, by businesses to end consumers, and includes in-store sales as well as online sales. Products may be durable (with a significant expected shelf life) or perishable (such as groceries). Food, clothing and furniture are some broad examples of consumer goods.
What is included in retail sales?
How much is the Food industry worth 2021?
Revenue in the Food market amounts to US$8,945,354m in 2021. The market is expected to grow annually by 4.50% (CAGR 2021-2026). The market’s largest segment is the segment Confectionery & Snacks with a market volume of US$1,592,401m in 2021.
How large is the Food and beverage industry?
Revenue in the Food & Beverages segment is projected to reach US$26,774m in 2021. In the Food & Beverages segment, the number of users is expected to amount to 140.3m users by 2025. User penetration will be 32.7% in 2021 and is expected to hit 41.2% by 2025.
Does retail include food?
Retail businesses sell finished goods to consumers in exchange for money. Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.
How many retail and food services firms are there?
A stratified random sampling method is used to select approximately 5,500 retail and food services firms whose sales are then weighted and benchmarked to represent the complete universe of over three million retail and food services firms.
What was the retail sales for August 2019?
Advance estimates of U.S. retail and food services sales for August 2019, adjusted for seasonal variation and holiday and trading -day differences, but not for price changes, were $ 526.1 billion, an increase of 0.4 percent (±0.5 percent)* from the previous month, and 4.1 percent (±0.7 percent) above August 2018.
When do new retail sales data come out?
New monthly state retail sales data were published as an experimental data product for the first time on September 30, 2020. Please visit here for the data, interactive visualization, and documentation. Special Notice: The Supplemental Tables provided below are currently an experimental product.