Tuesday, August 17, 2021, 14:30 Core Retail Sales, USD

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Tuesday, August 17, 2021, 14:30

Core Retail Sales, USD

Measures change in the total value of sales at the retail level.

Retail Sales data published by the US Census Bureau is a leading indicator that gives important information about consumer spending, which has a significant impact on the GDP. Although strong sales figures are likely to boost the USD, external factors, such as weather conditions, could distort the data and paint a misleading picture. In addition to the headline data, changes in the Retail Sales Control Group could trigger a market reaction as it is used to prepare the estimates of Personal Consumption Expenditures for most goods.

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