Retail Sales (MoM) (US)
Retail Sales to Revive Again After Two Soft Months
Starts Tuesday, November 20, 2018 at 11:28
Updated Thursday, November 15, 2018
US retail sales have been growing at a satisfying pace during May, June and July. But in August, retail sales slowed their growth as the report released in September showed. Retail sales were expected to have grown by 0.4% in August but they only grew by 0.1%, while core retail sales were expected at 0.5% but missed expectations and came at 0.1%. September was another soft month as sales only increased by 0.1%. Although, this month they are expected to increase by 0.6%.Please follow us for live coverage in real time of the event by experienced analysts.
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About Retail Sales (MoM) (US)
Released by the U.S. Census Bureau, Retail Sales (MoM) is an aggregate measure of activity in the retail sector. It is calculated as a percentage change and made available to the public on a monthly basis.The Retail Sales report is widely viewed as a barometer of consumer confidence and spending. Higher than expected levels are interpreted as being positive for the U.S. economy and USD. A lagging or negative release is bearish toward the USD.