| July 16, 2024 |
| 01:30 |  | June | Retail Sales m/m | 0.0% | -0.3% | 0.3% |
- Name:
-
Retail Sales m/m
-
Better if: Sense > Forecast -
Source: Census Bureau |
| 01:30 | | June | Core Retail Sales | 0.4% | 0.1% | 0.1% |
- Name:
-
Core Retail Sales m/m
- Essence:
Core Retail Sales measures the change in the total value of sales at retail outlets, excluding automobiles. Automobile sales are substantial part of Retail Sales, but due to high volatility they tend to distort the true picture. Core Retail Sales is considered to be a better gauge of of consumption and consumer confidence.
- Why imprtant:
It is an important indicator of consumer spending and consumer confidence. Thought to be used to forecast near-term economic developments.
-
Better if: Sense > Forecast -
Source: Census Bureau |