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U.S. monthly retail sales development during coronavirus outbreak 2020, by sector

Between September and October 2020, total retail sales in the United States rose by 0.3 percent. During this period, retail sales of clothing and clothing accessory retailers decreased by 4.2 percent, rebounding from consistent and heavy declines in February, March, and April. The first coronavirus (COVID-19) case in the United States occurred at the end of January 2020.

Which industries does COVID-19 affect the most?

Working from home and avoiding nonessential travel were some of the first precautions to be taken to prevent the spread of coronavirus (COVID-19). As such, it was unsurprising that gasoline stations experienced a decrease in sales. It is projected that revenue from travel and tourism will fall compared to 2019, with airlines, cruise lines, and rental cars already encountering a drop in year-over-year travel sales.

The economic impacts of COVID-19?

Influencing more than just the travel and transportation industries, the coronavirus (COVID-19) is forecast to have many social and economic impacts. Many people would be less likely to go to social spaces and events if the virus were to spread to their community. Most people expect the stock market drop that resulted from the onset of the COVID-19 pandemic to have a lasting impact on the U.S. economy, and a growing percentage of people fear the outbreak will personally impact them financially.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Impact of coronavirus (COVID-19) on monthly retail sales development in the United States 2020, by retail sector*

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Source

Release date

November 2020

Region

United States

Survey time period

2020

Supplementary notes

* May figures are advance estimates are based on early reports obtained from a small sample of firms selected from the larger Monthly Retail Trade Survey (MRTS) sample.
Figures are unadjusted seasonally.

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Statistics on "Coronavirus (COVID-19) in the U.S."

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