Retail eCommerce Sales Increased 0.3% in May 2023
Monthly Retail eCommerce – United States – May 2023
• Retail trade sales in May 2023 increased by 0.3% compared to the previous month, reaching approximately $598.6 billion. This also represents a 0.7% increase from the same period last year.
• Nonstore retailers, including online and direct-to-consumer sales, saw a 0.3% month-on-month increase in sales, reaching around $112.2 billion. Year-on-year, nonstore retailers experienced a significant 6.5% increase.
• The data suggests a stable and gradual recovery in consumer spending, with online shopping showing continued growth and popularity.