Us Footwear Retail Sales Decline

In a survey released on the 23 day, MasterCard credit advisory agency said that sales of clothing, footwear and household appliances in the US retail market declined significantly in the first two weeks of November due to consumers' ridicule for the overall economy and employment market.

According to the data, clothing sales in the US market fell by 19% in the first two weeks of November compared with the same period last year.

Among them, women's wear sales fell 19.7% compared with the same period last year, while men's wear sales fell 20.5% year-on-year.

In 9 and 10 months, the sales of clothing commodities fell by 5.5% and 12.2%, respectively, compared with the same year.

In addition, in the same period, the retail sales of footwear in the United States decreased by 11% compared with the same period last year, while retail sales of electronic products and household appliances decreased by 22.1% compared with the same period last year. Sales of luxury goods including jewellery and brand-name goods also fell by 21.1% over the same period last year.

However, compared with the same period, the US online retail sales decreased slightly, down 7.5% compared to the same period.

Michael McNamara, a head of the survey, said: "we have seen that the retail industry has been down for some time, but the last 10 days of October began to deteriorate rapidly and last until November."

In November 28th this year, the United States will enter the traditional year-end holiday consumption season.

This report provides a partial reference for the consumption trend at the end of the year.

According to Reuters, many analysts predict that the United States will have the most "cold" year-end sales season in 20 years.