May 30, 2022
3 min

US Apparel and Beauty Spending Tracker: April 2022’s Clothing and Footwear Spending Up 6% Year over Year

Insight Report
Insight Reports Gated Insight Reports

DIpil Das
US Apparel and Beauty Spending Tracker: April 2022
The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. The data presented in this report refer to consumer spending through any channel and so differ from retail sales data, which include product category sales by type of retailer. The year-over-year changes that are the focus of this report are inferred from US Bureau of Economic Analysis (BEA) data. Clothing and Footwear Spending Update Consumer spending on clothing and footwear remained solid in April 2022. Shoppers upped their spending by 6.0% year over year, higher than March’s revised 3.8% growth but lower than February’s revised 20.5% growth. Although April and March spending growth slowed compared to February growth, spending momentum continues considering very strong growth seen in April and March 2021.
Figure 1. US Consumer Spending on Clothing and Footwear (YoY % Change) [caption id="attachment_148410" align="aligncenter" width="701"]US Consumer Spending on Clothing and Footwear (YoY % Change) Expenditure data are seasonally adjusted
Source: BEA/Coresight Research
[/caption]   Clothing and Footwear Spending by Subcategory We track four subcategories of clothing and footwear: footwear, children’s and infants’ clothing, men’s and boys’ clothing, and women’s and girls’ clothing. Against very strong comparatives (120.0% growth in the same month last year), spending on clothing overall saw a year-over-year increase of 7.6% in April, higher than the revised 5.5% growth in March. Figure 2 shows spending on clothing by category type. Category sales growth followed the same growth pattern as clothing overall, with a peak in April 2021, followed by strong growth from May 2021 to April 2022.
Figure 2. US Consumer Spending on Clothing by Category (YoY % Change) [caption id="attachment_148411" align="aligncenter" width="699"]US Consumer Spending on Clothing by Category (YoY % Change) Source: BEA/Coresight Research[/caption]  
Source: BEA/Coresight Research Year-over-year growth in spending on footwear was 1.3% in April, versus (1.5)% growth in March.
Figure 3. US Consumer Spending on Footwear (YoY % Change) [caption id="attachment_148412" align="aligncenter" width="696"]US Consumer Spending on Footwear (YoY % Change) Source: BEA/Coresight Research[/caption]   Beauty Spending Update Our tracker follows the US BEA definition of the beauty category, including bath products, cosmetics, nail products and tools and perfumes. Consumer spending on beauty increased by 5.3% year over year in April, higher than the 3.4% growth seen in March. Spending on beauty recovered quickly amid the pandemic and has seen positive year-over-year growth since July 2020.
Figure 4. US Consumer Spending on Selected Beauty Categories (YoY % Change) [caption id="attachment_148413" align="aligncenter" width="701"]US Consumer Spending on Selected Beauty Categories (YoY % Change) The beauty category is defined as bath products, cosmetics, nail products and tools and perfumes
Source: BEA/Coresight Research
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