Chart 1. Components of real sales output for the retail trade sector, 2007–22 (in millions of 2007 dollars)
Year Real sales output Cost of goods sold Margins

2007

3,995,182 2,889,667 1,105,515

2008

3,814,400 2,791,573 1,022,826

2009

3,614,097 2,670,586 943,511

2010

3,727,907 2,701,587 1,026,320

2011

3,835,682 2,788,874 1,046,807

2012

3,962,010 2,883,417 1,078,594

2013

4,110,512 3,001,667 1,108,844

2014

4,270,067 3,136,241 1,133,827

2015

4,478,494 3,296,926 1,181,568

2016

4,669,873 3,463,045 1,206,828

2017

4,818,330 3,581,176 1,237,154

2018

4,958,780 3,678,547 1,280,233

2019

5,101,645 3,831,987 1,269,659

2020

5,283,870 4,018,630 1,265,240

2021

5,792,740 4,368,239 1,424,501

2022

5,677,397 4,249,706 1,427,691

Source: U.S. Bureau of Labor Statistics.