April 21, 2021
Advance estimates of U.S. retail and food services sales for March 2021 was recorded at $619.1 billion, a 9.8% (±0.5%) increase from February 2021 and a 27.7% (±0.7%) increase from March 2020. It was noted that the advance estimate for the period under review was adjusted for seasonal variation and holiday and trading-day difference, but not price changes.
Total sales increased 14.3% (±0.5%) from January 2021 to March 2021 compared to the same time last year. The percentage difference from January 2021 to February 2021 was reduced from 3.0% (±0.5%) to 2.7% (±0.2%).
Retail trade sales went up 9.4% (±0.5) from February 2021 and was 26.9% (±0.7) above last year. The United States Census also reported that, motor vehicle and parts dealers climbed 71.1% from March 2020, while food services and drinking places were up 36.0% (±3.0%) from last year.
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