Census Bureau: June Leisure Product Sales Slip

July 18, 2011
SGB Update

Retail sales at sporting goods, hobby, book and music stores reached $7.30 billion in June, down 0.6 percent on a seasonally adjusted basis from May and up 3.3 percent on an unadjusted basis from June 2010, according to advance estimates released by the U.S. Census Bureau.


Clothing and clothing accessories stores sales increased 0.7 percent seasonally adjusted over May and a solid 7.6 percent unadjusted year-over-year.


Those rates compared to a 0.3 percent seasonally adjusted increase of overall retail trade sales (which exclude automobiles, gas stations, and restaurants) from May and 5.5 percent unadjusted year-over-year growth, according to the National Retail Federation. 


June marked the 12 consecutive month of growth for retail trade sales.


For the six months ending in June, sales at sporting goods, hobby, book and music stores were up 5.1 percent from the first six months of 2010, compared to 7,2 percent for total retail and food services excluding vehicle and parts dealers.

Census Bureau: June Leisure Product Sales Slip

July 14, 2011
SGB Update

Retail sales at sporting goods, hobby, book and music stores reached $7.30 billion in June, down 0.6 percent on a seasonally adjusted basis from May and up 3.3 percent on an unadjusted basis from June 2010, according to advance estimates released by the U.S. Census Bureau.

 

Clothing and clothing accessories stores sales increased 0.7 percent seasonally adjusted over May and a solid 7.6 percent unadjusted year-over-year.


 

Those rates compared to a 0.3 percent seasonally adjusted increase of overall retail trade sales (which exclude automobiles, gas stations, and restaurants) from May and 5.5 percent unadjusted year-over-year growth, according to the National Retail Federation.  That marked the 12 consecutive month of growth for retail trade sales.


 

With the summer season well underway, retailers are hoping this momentum continues through the back to school season, said NRF Chief Economist Jack Kleinhenz. Knowing that shoppers remain concerned about the economy, companies have already begun offering aggressive promotions to entice shoppers.


 

For the six months ending in June, sales at sporting goods, hobby, book and music stores were up 5.1 percent from the first six months of 2010, compared to 7,2 percent for total retail and food services excluding vehicle and parts dealers.

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