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Real vs nominal advance retail sales in millions of dollars.
Please consider the Census Department report on Advance Retail Sales for May of 2026.
Advance estimates of U.S. retail and food services sales for May 2026, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $763.7 billion, up 0.9 percent (±0.4 percent) from the previous month, and up 6.9 percent (±0.5 percent) from May 2025.
Total sales for the March 2026 through May 2026 period were up 5.3 percent (±0.5 percent) from the same period a year ago. The March 2026 to April 2026 percent change was revised from up 0.5 percent (±0.4 percent) to up 0.4 percent (±0.2 percent).
Retail trade sales were up 1.0 percent (±0.4 percent) from April 2026, and up 7.5 percent (±0.5 percent) from last year. Nonstore retailers were up 12.2 percent (±1.8 percent) from last year, while food services and drinking places were up 2.7 percent (±1.8 percent) from May 2025.
The key phrase above is "adjusted for seasonal variation and holiday and trading-day differences, but not for price changes."