Strong US retail growth continues

US retail industry keeps on growing strongly with stores still driving the growth. With six record breaking months for stores, the sales from stores has declined to the same level with last Christmas. Thus, stores are still trading on a very high level.

Online has been growing for some months around 10 % compared to previous year and about 30 % compared to 2019 levels. The share of online of all retailing seems to be stabilising around 15 % of all retailing. In September online was 15,6 % of all retailing, 1,2 %-points above the 2019 levels.