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| Country: |
USA
| | Definition: |
A measure of changes in retail sales
| | Description: |
It is a measure of the total receipt of retail stores. Percent change in consumer goods selling is the most important part of this report. Retail Sales comprise two thirds of GDP. Changes in RS index indicate consumers spendings, which consist of durable goods, such as automobiles and household goods (about 40%), and of non-durable goods (about 60%). It should be taken into account that sell-out numbers changes are more often the result of food and auto fuel prices changes rather than of the level of consumer demand.
| | Influence: |
Market reaction on Retail Sales data may be quite strong as these data are difficult to forecast. Low figures signal economic rates decrease and the US dollar fall.
| | Market Importance: |
| | Released: |
Released monthly at 08:30 AM ET around the 13th of the month
| | Source: |
The Census Bureau of the Department of Commerce
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© 1998—2008 «Alpari» |
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