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MoM Change in Retail Sales 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 in the US

The month-over-month retail sales measure indicates how much retail sales in the United States have increased or decreased from the previous month. This data is released monthly by the U.S. Census Bureau and is essential for assessing consumer spending trends.

The month-over-month data helps understand the short-term fluctuations in retail sales. An increase in sales suggests that consumer purchasing power is growing, indicating economic expansion. Conversely, a decrease in sales points to a decline in consumer willingness to buy, which may signal economic stagnation.

This information is crucial for policymakers to assess consumer trends and develop appropriate economic policies. It also serves as a vital source for businesses and investors to understand retail market trends and forecast economic outlooks.

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