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Retail Sales Index

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Retail Sales Index Empty Retail Sales Index

Post  Admin Wed May 03, 2017 7:35 am

The Retail Sales Index measures goods sold within the retail industry, from huge chains to small local stores, by taking a sampling of a set of retail stores across the country.
This report reflects data for the previous month. Many analysts prefer to look at the figures excluding auto, which means excluding the volatile car sales figure. This number is believed to be a better measure of across-the-board purchasing trends.
The report does not include money spent on services, so it represents less than half of total consumption during the month. However, even with these limitations, the figures are closely watched as an indicator of the state of the economy.
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