by Calculated Risk on 7/16/2020 08:48:00 AM

On a monthly basis, retail sales increased 7.5 percent from May to June (seasonally adjusted), and sales were up 1.1 percent from June 2019.

From the Census Bureau report:

Advance estimates of U.S. retail and food services sales for June 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $524.3 billion, an increase of 7.5 percent from the previous month, and 1.1 percent above June 2019. Total sales for the April 2020 through June 2020 period were down 8.1 percent from the same period a year ago. The April 2020 to May 2020 percent change was revised from up 17.7 percent to up 18.2 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).

Retail sales ex-gasoline were up 7.0% in June.

The second graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993.

Retail and Food service sales, ex-gasoline, increased by 2.7% on a YoY basis.

The increase in June was above expectations, and sales in April and May were revised up.