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MoM Change in Retail Sales Excluding Autos in the US

Country:
USDUnited States
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Retail Sales Excluding Autos in the US

The month-over-month change in retail sales excluding automobiles is an indicator that shows how much retail sales in the United States, excluding automobiles, have increased or decreased compared to the previous month. This data is released monthly by the U.S. Census Bureau and is crucial for assessing consumer spending trends excluding automobile sales.

This month-over-month data helps track short-term fluctuations in retail sales, providing insights into consumer behavior. An increase in sales indicates rising consumer purchasing power and suggests economic expansion. Conversely, a decrease in sales suggests a decline in consumer willingness to spend, which may indicate economic stagnation.

This information is vital for policymakers to evaluate consumer trends and formulate appropriate economic policies. It also serves as a critical resource for businesses and investors to understand retail market trends and forecast economic prospects.

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