The index shows the change in volume of sales in the retail trade. It characterizes consumer spending and demand. In the results of retail sales, the share of durable goods (from cars to household goods) is about 1/3 of consumer spending, and about 2/3 is the share of nondurables.
Growth of retail sales is a good factor for the national economy and leads to the growth of the dollar. It has a limited impact on the market (mainly in the medium and long term).
- Release Frequency: monthly.
- Release Schedule: 08:30 EST, in the middle of the month.
- Source: The Census Bureau of the Department of Commerce.