US retail sales increased 1.4% in 2017. Online retail sales grew 21.1% and were the main driver of overall growth, while brick-and-mortar sales only increased 0.1%. Consumer confidence remains high at 118, above the global average of 104, indicating consumers feel positive about their financial situations and are willing to spend, benefiting retailers and manufacturers. The strong growth of e-commerce shows consumers spending outside traditional stores.

1. RETAIL SALES – UNITED
STATES – SEPTEMBER
2017
BY: PAUL YOUNG, CPA, CGA
DATE: OCTOBER 20, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. US RETAIL SALES SUMMARY
https://www.census.gov/retail/marts/www/marts_current.pdf
Source - https://www.census.gov/retail/marts/www/marts_current.pdf

4. US RETAIL SALES SUMMARY
Source - https://www.census.gov/retail/marts/www/marts_current.pdf

5. ECOMMERCE
Source - http://www.nielsen.com/us/en/insights/news/2017/as-us-retail-shifts-
continue-e-commerce-thrives.html
Growth was tough to come by for the fast-
moving consumer goods (FMCG) sector at the
start of 2017, but topline dollar growth did
increase in the second quarter. Overall, dollar
sales for the year are up 1.4%, with online
growth driving the majority of the uptick (0.1%
growth in brick-and-mortar channels, compared
to 21.1% growth online). Despite the meager in-
store growth, the future looks promising, as
Americans are feeling very positive about their
general situations: Consumer
confidence remains strong at an index of 118,
well above the global average of 104.
Strong consumer sentiment is good news for
manufacturers and retailers, as optimism is
typically complemented by a willingness to
spend. And the growth of e-commerce shows
that consumers are spending their fair share—
even if it is outside of brick-and-mortar retail
stores.