April 22, 2022

Advance estimates of retail and food services sales in the United States for March 2022, adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $665.7 billion, a 0.5%  increase from the previous month and a 6.9%  increase from March 2021. Total sales increased 12.9%  from January 2022 to March 2022 compared to the same time last year. The percent change from January 2022 to February 2022 was revised to 0.8% up from 0.3%.

Retail trade sales increased by 0.4%  from February 2022, and by 5.5% over the previous year. Gasoline stations increased 37.0%  from March 2021, while food services and drinking establishments increased 19.4%  from the previous year.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.