Sales of Cars and Car Parts At $1 Trillion

Car and car parts dealers had sales of $1.0 trillion, representing an increase of 6.5 percent over the previous year, according to new statistics released today from the U.S. Census Bureau’s 2014 Annual Retail Trade Survey.

 

The Census Bureau survey found that new car dealers had sales of $785.1 billion in 2014, up 6.8 percent from $735.1 billion in 2013. Gasoline stations owners saw sales decrease for the second consecutive year, from $547.5 billion in 2013 to $534.7 billion in 2014, or 2.4 percent.

 

Retail sales for food and beverage stores increased for the fifth consecutive year, climbing 4.5 percent to $669.9 billion. Sales for grocery stores increased 4.4 percent to $599.7 billion. While sales for non-store retailers rose 8.5 percent to $470.2 billion; electronic shopping and mail order houses had a 10.1 percent increase in sales to $386.1 billion.

 

The Census Bureau’s Annual Retail Trade Survey has been conducted each year since 1952 and covers approximately 22,000 employer businesses classified in the retail trade sector and accommodation and food services sector in the 50 states and the District of Columbia.

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