Because of their complexity, many topics related to economics require detailed editorial commentary, often supported by relevant tables and graphs. At the same time, though, there are many topics (eg, related to demographics, housing beginnings, etc.) that require compelling “brief” perceptions. Whichever route is followed, the point of the trip, almost always, is to hit a baseline or two. To provide additional value, ConstructConnect is now pleased to offer a continuous series of 1,000-word infographics. This will help readers sort out the “big picture” more clearly. These 1,000-word graphs look at the most recent US retail sales numbers (as of May and June 2021). Graph 1: Total US Retail Sales per month Latest data points for June 2021 adjusted for seasonality and trading day differences, but not for price changes (ie, “current” dollar numbers). Data source: Census Bureau. Graph 2: Sales by US Building Materials and Fittings Dealers Data source: Census Bureau. Diagram: ConstructConnect. Chart 3: US sales by food and beverage service venues Latest data point for June 2021 adjusted for seasonal changes, holidays and differences in trading days, but not for price changes. Data source: US Census Bureau (Department of Commerce) Graph: ConstructConnect. Chart 4: US Retail Sales and Food Services – Y/Y – June 2021 “Current dollars” mean not adjusted for inflation. The base numbers are seasonally adjusted and are not “homogeneous”. Data source: US Census Bureau. Please click the following link to view the latest retail sales charts for the US and Canada: CanaData Forecaster – Retail Sales Charts and Tables
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