Tuesday, December 13, 2011

Real Retails Sales per Capita

Following this morning's post on real monthly retail sales, a few readers asked to see the chart adjusted for population growth. I'm glad they did, as the results show why the recovery doesn't feel as strong as headline figures would otherwise indicate. To be more specific, retail sales excluding autos and gas are roughly where they were 12 years ago on a per capita basis.

Source: Census / BLS / BEA