📕 subnode [[@KGBicheno/retail sales]] in 📚 node [[retail-sales]]

Retail Sales

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USA focuses on retail to drive their economy.

US Advanced Retail Sales Report

Used to determine retail trends and predict future demand for sector demand.

Monthly percent change in total retail sales

Monthly sales ex-autos

Report does not account for inflation, so its hard for the index to go backward, as inflation keeps pushing it up.

Report uses a survey sample, not real data.

1999 - ecommerce = 0.6% 2018 - ecommerce = 9.5% likely to rise

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