Retail sales up in August across the States according to NRF

August saw retail sales — excluding automobile dealers and gasoline stations — rising slightly across America, up +0.22% seasonally adjusted month-on-month and up +3.87% seasonally adjusted year-on-year.

This is based on data released by the National Retail Federation (NRF) from the CNBC/NRF Retail Monitor, powered by Affinity Solutions.

In July the equivalent figures were up +0.32% month-on-month and +5.15% year-on-year.

When restaurants are excluded from the data as well as gas stations and car dealers, August’s figures become +0.17% month-on-month and up +3.47% year-on-year.

“Retail sales climbed steadily once again in August,” NRF President and CEO Matthew Shay said. “Supported by low unemployment and steady wage gains, households remained budget-conscious but took full advantage of back-to-school promotions to stretch their dollars. Retailers stayed committed to affordability, keeping everyday products accessible for American families.”