Track US Retail Sales m/m to gauge consumer spending, a key driver of economic activity.
This is the key indicator of consumer spending, which represents the majority of economic activity. It offers the earliest and most comprehensive insight into essential consumer spending trends.
What it Measures
Represents the change in total retail sales value.
Usual Effect
A result that exceeds expectations is favorable for the currency.
Source & Frequency
Census Bureau (latest release) - https://www.census.gov/ • Data is released monthly, approximately 16 days after the end of the month.
How Data is Derived
N/A
Also Known As
Advance Retail Sales
Acronym
N/A