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7/16/2021 08:38:00 AM
On a monthly basis, retail sales were increased 0.6% from May to June (seasonally adjusted), and sales were up 18.0 percent from June 2020.
From the Census Bureau report:
Advance estimates of U.S. retail and food services sales for June 2021, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $621.3 billion,
an increase of 0.6
percent from the previous month, and 18.0 percent above June 2020. . The April 2021 to May 2021 percent change was revised from down 1.3 percent to down 1.7 percent.
emphasis added
Click on graph for larger image.
This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
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7/11/2021 08:11:00 AM
Note: I m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
From the GAMLS for Atlanta:
Total Residential Units Sold in June 2021 were 10,035, up 7.8% from 9,310 in June 2020.
Active Residential Listings in June 2021 were 7,787, down 55.8% from 17,596 in June 2020. Inventory was up 3.4% from last month.
Months of Supply was 0.88 Months in June 2021, compared to 2.31 Months in June 2020.
Click on graph for larger image.
This graph from the Georgia MLS shows inventory in Atlanta over the last several years - and the sharp decline in inventory at the start of the pandemic.
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