U.S. Retail Sales Ex Gas/Autos MoM

USD
Actual
0.3%
Forecast
0.0%
Previous
0.5%
Latest Release
Jul 18, 2023
Importance
Overview
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices andfood prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth. However, if theincrease is larger than forecast, it may be inflationary.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jul 18, 2023 (Jun) 18:00 0.3% 0.0%
0.5%
Jun 15, 2023 (May) 18:00 0.4% -0.3%
0.5%
May 16, 2023 (Apr) 18:00 0.6% 0.2%
-0.5%
Apr 14, 2023 (Mar) 18:00 -0.3% -0.1%
0.0%
Mar 15, 2023 (Feb) 18:00 0.0% -
2.8%
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