United States USD

United States Retail Sales Ex Autos MoM

Impact:
Medium

Latest Release:

Date:
Surprise:
-0.2%
| USD
Actual:
0.1%
Forecast: 0.3%
Previous/Revision:
0.8%
Period: Apr

Next Release:

Date:
Period: May
What Does It Measure?
The United States Retail Sales Ex Autos MoM measures the change in the total value of sales at the retail level, excluding automotive sales, on a month-over-month basis. This indicator primarily focuses on consumer spending, which is a critical component of economic health, assessing key areas such as retail performance and trends in consumer demand.
Frequency
This economic indicator is released monthly as a preliminary estimate, typically published on the 13th of each month.
Why Do Traders Care?
Traders closely monitor Retail Sales Ex Autos MoM because it serves as a gauge of consumer spending and economic momentum, influencing expectations for GDP growth. A higher-than-expected figure can bolster confidence in the economy, positively impacting assets such as equities and currencies, while disappointing results may lead to bearish sentiment.
What Is It Derived From?
The Retail Sales Ex Autos MoM is compiled from a monthly survey conducted by the Census Bureau, which collects data from a variety of retailers across the country. The calculation includes sampling from thousands of retail establishments, using sales estimates that are weighted to reflect the total sales figures across the sector.
Description
The Retail Sales Ex Autos MoM is reported as a percentage change compared to the previous month's sales, eliminating the noise often associated with auto sales which can fluctuate significantly based on external factors. This measure is particularly useful for identifying trends in consumer spending because it strips out segments that can distort the broader retail picture, allowing analysts to understand underlying demand.
Additional Notes
This indicator is considered a coincident economic measure, reflecting current consumer spending patterns that can indicate immediate economic conditions. It is often compared with other indicators like the Consumer Price Index (CPI) and consumer confidence indices, providing insights into broader economic trends in individual states and across the national economy.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for USD, Bullish for Stocks. Lower than expected: Bearish for USD, Bearish for Stocks. Dovish tone: Signaling economic support, is usually good for the USD but bad for Stocks due to lower consumer spending.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.1%
0.3%
0.8%
-0.2%
0.5%
0.3%
0.7%
0.2%
0.3%
0.4%
-0.6%
-0.1%
-0.4%
0.3%
0.7%
-0.7%
0.4%
0.4%
0.2%
0.2%
0.4%
0.2%
-0.2%
0.1%
0.3%
1%
-0.2%
0.5%
0.1%
0.2%
0.4%
0.1%
0.2%
0.4%
-0.1%
0.4%
0.1%
0.5%
0.3%
0.4%
0.1%
0.1%
0.3%
-0.1%
0.2%
-0.1%
-0.3%
0.2%
0.2%
0.9%
1.1%
0.4%
0.6%
0.7%
0.3%
0.5%
-0.8%
-0.2%
-0.6%
0.2%
0.4%
-0.8%
0.4%
0.2%
0.2%
0.2%
0.2%
-0.1%
0%
0.3%
0.1%
0%
0.8%
0.1%
0.6%
0.2%
0.9%
0.4%
0.6%
0.4%
0.7%
0.2%
1%
0.4%
0.2%
0.6%
0.2%
0.3%
0.3%
-0.1%
0.1%
0.1%
0.4%
0.4%
0.4%
-0.5%
-0.8%
-0.3%
0%
-0.5%
-0.1%
-0.1%
2.4%
2.3%
0.8%
-0.9%
1.5%
-1.1%
-0.4%
-0.6%
-0.7%
-0.2%
0.2%
1.2%
-0.4%
1.3%
0.4%
0.1%
0.9%
0.1%
-0.1%
-0.1%
0.2%
-0.3%
0.1%
0%
-0.4%
0.4%
-0.1%
0.9%
0.5%
1%
0.6%
0.6%
0.4%
0.5%
0.8%
0.4%
-0.3%
0.6%
0.4%
2.1%
0.2%
1.1%
1%
0.6%
0.1%
0.2%
0.9%
4.4%
-0.7%
3.3%
0.8%
-2.8%
2.5%
-2.3%
0.2%
0.1%
-2.5%
0.3%
0.9%
1.8%
-0.6%
1.7%
1%
0.7%
0.7%
0.8%
0.5%
2%
0.3%
1.8%
-0.1%
-1%
1.9%
-0.4%
0.1%
1.6%
-0.5%
1.3%
0.4%
-0.9%
0.9%
-0.7%
0.2%
0%
-0.9%
-0.8%
0.7%
9%
-1.5%
8.4%
5%
-2.5%
3.4%
-2.7%
-0.1%
8.3%
-2.6%
5.9%
1%
-1.8%
4.9%
-1.4%
-0.1%
-1.3%
-1.3%
-0.9%
0.1%
-0.1%
-1%
0.2%
0.6%
1.2%
-0.4%
1.5%
0.5%
0.5%
1%
0.7%
0.9%
1.3%
-0.2%
1.9%
1.3%
8.3%
0.6%
7.3%
5%
12.1%
2.3%
12.4%
5.5%
-15.2%
6.9%
-17.2%
-8.6%
-4%
-8.6%
-4.5%
-4.8%
-0.4%
0.3%
-0.4%
0.2%
0.6%
-0.6%
0.3%
0.3%
0.6%
0.7%
0.5%
0%
0.2%
0.1%
0.4%
0.3%
-0.3%
0.2%
0.4%
-0.1%
-0.2%
-0.1%
0.2%
0.2%
-0.3%
0%
0.1%
1%
-0.1%
1%
0.4%
0.3%
0.6%
0.4%
0.1%
0.4%
0.3%
0.5%
0.3%
0.5%
0.2%
0.1%
0.7%
1.3%
-0.6%
1.2%
0.7%
-0.2%
0.5%
-0.4%
0.4%
1.4%
-0.8%
0.9%
0.2%
-2.1%
0.7%
-1.8%
0.1%
0%
-1.9%
0.2%
0.2%
1%
0.7%
0.5%
-0.1%
0.2%
-0.1%
0.4%
0.2%
-0.5%
0.3%
0.5%
0.9%
-0.2%
0.6%
0.3%
0.2%
0.3%
0.4%
0.4%
1.4%
0.9%
0.5%
0.4%
0.4%
0.3%
0.5%
0.4%
-0.2%
0.2%
0.2%
0.2%
0.2%
0.4%
0.1%
-0.2%
0%
0.4%
0.1%
-0.4%
0.4%
0.4%
1.3%
1%
0.6%
0.4%
0.4%
0.1%
0.2%
1.2%
-0.1%
1%
0.3%
0.5%
0.7%
0.2%
0.5%
0.4%
-0.3%
0.5%
0.3%
0.1%
0.2%
-0.2%
0.2%
-0.3%
-0.4%
-0.3%
0.2%
0.4%
-0.5%
0.3%
0.5%
0.3%
-0.2%
0%
0.1%
0%
-0.1%
0.2%
0.2%
1.2%
0.8%
0.4%
0.4%
0.4%
0.2%
0.5%
0.3%
-0.3%
0.2%
0.4%
0.6%
-0.2%
0.8%
0.5%
0.7%
0.3%
0.5%
0.4%
-0.2%
0.1%
-0.1%
0.2%
-0.4%
-0.3%
-0.3%
0.2%
0.9%
-0.5%
0.7%
0.4%
0.4%
0.3%
0.4%
0.4%
0.8%
0.8%
0.3%
0.4%
0.5%
0.2%
0.4%
0%
-0.2%
-0.1%
-0.2%
-0.4%
0.1%
0.1%
0%
0.1%
0.1%
-0.1%
0.2%
0.3%
-0.3%
0.4%
0.3%
0.1%
0.1%
0.2%
0.4%
-0.4%
-0.2%
-0.3%
-0.1%
-0.1%
-0.2%
0.3%
0.2%
0.7%
0.1%
0.4%
0.4%
0.4%
-0.1%
0.5%
0.8%
-0.6%
1%
0.7%
0.1%
0.3%
0.1%
0.5%
0.7%
-0.4%