The Retail Readout
Monthly U.S. retail sales by category, in the dollars the Census Bureau reports and in dollars that strip inflation back out. Nominal growth tells you what retailers rang up. Real growth tells you whether anyone actually bought more. The gap between them is the price effect. Updated every month after the Census advance release, quarterly for e-commerce.
The month in one chart
Year-over-year growth for every category, nominal next to real. When the blue bar is much longer than the aqua one, price did the work. When aqua runs ahead of blue, prices fell and units grew faster than dollars, which is the normal state of affairs in electronics. Not seasonally adjusted, so every comparison is against the same month a year earlier.
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Nominal versus real, month by month
The same two growth rates traced over time. The shaded band between the lines is the price effect: how much of each month’s reported growth was inflation rather than volume. Hover any month to read all three numbers.
Range
Category explorer
Pick a category to see its full history since 2019, either as monthly sales or as year-over-year growth. The grid below shows every category’s growth trend since 2023 at a glance; click a card to load it above.
How much of the growth was price?
Reported growth split into the part that came from selling more (real growth) and the part that came from charging more (price effect). The black tick is the nominal figure the headlines quote. A category can post solid nominal growth while real volume shrinks, and the headline number will never tell you.
E-commerce, quarter by quarter
Census’s quarterly e-commerce estimate against total retail. E-commerce here means the order was placed online; where it was paid for or picked up does not matter. Stores are simply everything else. Share is the number everyone quotes; the growth chart is the one that explains it. Seasonally adjusted is what Census headlines; switch to unadjusted to see the raw quarters, holiday spike included.
Range
E-commerce share of total retail
E-commerce growth versus store growth
