![]() Online sales rose 0.6% for the month, while auto sales increased 0.5% despite inventory problems brought on by a shortage in semiconductors. Food and drinking establishment spending is up 29.5% over the past year. As gas prices pushed higher, spending at fuel stations jumped 1.8%, for a 38.2% surge over the past year.įood and beverage spending increased 0.7%, though restaurants and bars saw a gain of just 0.3%, a sign that fears over the virus may have kept some people at home. ![]() General merchandise increased 2% while miscellaneous retailers rose 1.8%. Sporting goods, music and book stores led the way with a 3.7% increase. With school back in session and many teens vaccinated, parents may also be more comfortable allowing their teens to take shopping trips to the mall." "People who are back to working in a downtown office may be taking more shopping trips on their lunch break or after work. "Students heading back to school and workers returning to the office are likely the catalysts for the increased retail sales," said Natalie Kotlyar, national leader of BDO's retail and consumer products practice. ![]() ![]() The increase came during a month when the government ended the enhanced benefits it had been providing during the Covid-19 pandemic and against forecasts that growth would slow in the third quarter due to the delta variant spread and a perceived pullback in consumer activity.īut spending accelerated as coronavirus cases continued to drop. Compared with a year ago, sales were up 13.9% on the headline number and 15.6% excluding autos. ![]()
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