Retail sales slipped in September

Washington — Held in check by sluggish car sales, retail sales dipped by 0.2 percent in September to a seasonally adjusted level of $320.6 billion, giving up some of August's hefty 1.2 percent increase, the Commerce Department reported.

But auto sales aside, the overall picture actually improved, with retail sales of all other products in the agency's shopping cart increasing by 0.3 percent, to a seasonally adjusted $243.9 billion from $243.3 billion the prior month.

Sales of home-related categories presented a mixed picture during the month, as sales in furniture and home furnishings stores slipped by 0.2 percent to a seasonally adjusted $8.5 billion; and sales in electronics and appliance stores declined at a slightly faster pace, by 0.3 percent, to a seasonally adjusted $8.1 billion. But helped by warm summer weather, sales in building material and garden supply outlets, like Home Depot and Lowe's, shot up by 1.9 percent, to a seasonal level of $27.9 billion, making that channel the month's biggest winner.

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HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!