The retail sales index measures the total amount of sales made by retailers in a particular geographic area. The index is often used as a view of consumer spending, which is a key driver of economic growth.
The retail sales index includes sales made by both brick-and-mortar stores and online retailers. It covers a wide range of consumer goods, including clothing, electronics, furniture, and food and beverage items.
Retail sales data is collected by government agencies, such as the U.S. Census Bureau, and by private research firms, such as Nielsen and The NPD Group. The data is typically reported monthly and is adjusted for seasonal variations to provide a more accurate picture of retail sales trends.
The retail sales index is closely watched by economists, policymakers, and investors as it provides insight into the health of the consumer sector and the overall state of the economy. A strong retail sales index indicates robust consumer spending and may signal a growing economy, while a weak retail sales index suggests sluggish consumer spending and may indicate an economic slowdown or recession.
Here are the latest results
| Adjusted | ||||
| 3/23 | 2/23 | 1/23 | 3/22 | 2/22 |
| 691,671 | 698,572 | 700,052 | 671,904 | 659,782 |
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