Middle-of-the-pack month for NAICS 444
Data shows the broad category of industry dealers flat compared to the prior month.
The U.S. Census Bureau’s Advance Monthly Sales report for August showed adjusted NAICS 444 sales holding steady. Sales of retailers described as building material and garden equipment and supplies dealers (444) were flat compared to the prior month, and up 3.3% compared to the same month last year.
On an unadjusted basis, the commerce department retail trade survey estimates 444 sales for the month of August at $33.67 billion.
Compared to other retail sectors, hardware and building supply fared in the middle of the pack. The biggest month-to-month movers were “Miscellaneous store retailers,” (2.3%); and Clothing and clothing accessories stores” (down 1.7%.).
On a year-over-year basis, NAICS 444 and its 3.3% increase ranks near the bottom, trailing other sectors such as Gasoline stations (up 20.3%); Nonstore retailers (up 10.4%); Clothing and accessories stores (up 6.3%) and Electronics and appliance stores (up 3.4)
For the big picture, the Census Bureau reported that advance estimates of U.S. retail and food services sales for August 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $509.0 billion, an increase of 0.1% from the previous month, and 6.6% above August 2017.
Census also updated data for NAICS 44413 – hardware stores, a subset of NAICS 444. The latest data for hardware stores comes from the month of July and shows a decline compared to the prior month, and a gain compared to the same month last year.
Unadjusted NAICS 44413 sales were listed at $2.44 million for July 2018. They were $2.22 million in July 2017.
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