United States USD

United States Redbook YoY

Impact:
Low

Latest Release:

Date:
Actual:
4.9%
Forecast:
Previous/Revision:
6.1%
Period: May/31

Next Release:

Date:
Period: Jun/07
What Does It Measure?
The United States Redbook YoY measures the year-over-year change in retail sales as reported by a weekly survey of a sample of large retailers. It primarily focuses on consumer spending trends, assessing key areas such as the overall health of the retail sector and consumer confidence.
Frequency
The Redbook report is released weekly, providing timely insights into retail sales trends, and while it reports figures on a preliminary basis, these numbers are often considered indicative of broader economic conditions.
Why Do Traders Care?
Traders monitor the Redbook YoY closely because it acts as an early indicator of consumer spending, which is critical for GDP growth. Significant deviations from expectations can influence market sentiment, affecting currencies like the USD, as well as stock prices in retail and related sectors.
What Is It Derived From?
The Redbook index is derived from data collected from a select group of major retail chains, with approximately 9,000 store locations contributing to the survey. Sales figures are reported through a diffusion index methodology that captures current trends relative to the same period of the previous year.
Description
The Redbook YoY compares retail sales data to the same week from the prior year, which enables analysts to eliminate seasonal fluctuations and gain clearer insight into consumer spending behavior. This comparison is vital for retailers and policymakers as it provides a more stable measure of growth than month-over-month changes.
Additional Notes
The Redbook is considered a coincident economic indicator, providing insights that align closely with overall economic conditions. It is often compared to other retail sales reports, such as the monthly Retail Sales report from the Census Bureau, enhancing the understanding of trends in consumer spending.
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.

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
4.9%
6.1%
6.1%
5.4%
5.4%
5.8%
5.8%
6.9%
6.9%
6.1%
6.1%
7.4%
7.4%
6.6%
6.6%
7.2%
7.2%
4.8%
4.8%
5.6%
5.6%
5.2%
5.2%
5.7%
5.7%
6.6%
6.6%
6.2%
6.2%
6.3%
6.3%
5.3%
5.3%
5.7%
5.7%
4.9%
4.9%
4.5%
4.5%
4%
4%
6.8%
6.8%
7.1%
7.1%
5.9%
5.9%
4.8%
4.8%
4.2%
4.2%
7.4%
7.4%
4.9%
4.9%
5.1%
5.1%
4.8%
4.8%
6%
6%
5.6%
5.6%
4.6%
4.6%
5.6%
5.6%
5.4%
5.4%
5.3%
5.3%
4.4%
4.4%
4.6%
4.6%
6.5%
6.5%
6.3%
6.3%
5%
5%
4.9%
4.9%
4.7%
4.7%
5.1%
5.1%
4.5%
4.5%
4.9%
4.9%
4.8%
4.8%
6.3%
6.3%
5.8%
5.8%
5.3%
5.3%
5.9%
5.9%
5.5%
5.5%
5.8%
5.8%
6.3%
6.3%
5.5%
5.5%
6.3%
6.3%
6%
6%
5.5%
5.5%
5.3%
5.3%
4.9%
4.9%
5.4%
5.4%
5.2%
5.2%
3.9%
3.9%
3.4%
3.4%
3%
3%
3.1%
3.1%
2.7%
2.7%
3%
3%
2.5%
2.5%
6.1%
6.1%
5%
5%
5.2%
5.2%
5%
5%
5.9%
5.9%
5.6%
5.6%
4.1%
4.1%
3.6%
3.6%
3.4%
3.4%
3%
3%
6.3%
6.3%
3.4%
3.4%
3%
3%
3.1%
3.1%
5.3%
5.3%
5%
5%
4.6%
4.6%
4%
4%
3.5%
3.5%
3.8%
3.8%
3.6%
3.6%
4.6%
4.6%
4.1%
4.1%
4.2%
4.2%
2.9%
2.9%
0.7%
0.7%
0.3%
0.3%
0.1%
0.1%
-0.4%
-0.4%
-0.2%
-0.2%
-0.4%
-0.4%
0.7%
0.7%
0.5%
0.5%
0.9%
0.9%
0.4%
0.4%
0.6%
0.6%
1.2%
1.2%
1.5%
1.5%
1.6%
1.6%
1.3%
1.3%
1.3%
1.3%
1.8%
1.8%
1.1%
1.1%
1.5%
1.5%
3.7%
3.7%
2.8%
2.8%
3.2%
3.2%
2.6%
2.6%
3%
3%
5.3%
5.3%
5.3%
5.3%
4.9%
4.9%
4.3%
4.3%
4.9%
4.9%
4.6%
4.6%
5%
5%
5.3%
5.3%
10.2%
10.2%
9.6%
9.6%
7.6%
7.6%
5.9%
5.9%
5.7%
5.7%
10.4%
10.4%
7.5%
7.5%
6.8%
6.8%
7.6%
7.6%
9.7%
9.7%
8.2%
8.2%
8%
8%
8.3%
8.3%
12.3%
12.3%
11%
11%
10.5%
10.5%
11.4%
11.4%
10.9%
10.9%
14.2%
14.2%
13.5%
13.5%
12.7%
12.7%
10.4%
10.4%
15.5%
15.5%
13.3%
13.3%
14.6%
14.6%
13%
13%
13.1%
13.1%
11.7%
11.7%
12.8%
12.8%
11.4%
11.4%
12.4%
12.4%
12.6%
12.6%
11.4%
11.4%
12.7%
12.7%
13.1%
13.1%
15.2%
15.2%
12.7%
12.7%
15.2%
15.2%
13.4%
13.4%
14.3%
14.3%
12.9%
12.9%
12.4%
12.4%
12.6%
12.6%
13.1%
13.1%
13.4%
13.4%
14.5%
14.5%
15.4%
15.4%
13.3%
13.3%
15.8%
15.8%
15.6%
15.6%
15.2%
15.2%
14.4%
14.4%
18.8%
18.8%
21.4%
21.4%
16.4%
16.4%
16%
16%
15.3%
15.3%
21.9%
16.9%
15.3%
15.4%
14.7%
14.7%
15.6%
15.6%
16.9%
16.9%
15.6%
15.6%
15.4%
15.4%
14.8%
14.8%
16.6%
16.4%
16.5%
16.5%
17.1%
17.1%
15.3%
15.3%
16.5%
16.5%
18.6%
18.6%
16.6%
16.6%
15%
15%
16.2%
16.2%
17.2%
17.2%
16%
16%
15%
15%
14%
14%
19.4%
19.4%
18.2%
18.2%
17.6%
17.6%
16.4%
16.4%
14.5%
14.5%
13%
13%
13.6%
13.6%
12.6%
12.6%
13.3%
13.3%
14.2%
14.2%
13.9%
13.9%
13.5%
13.5%
13.2%
13.2%
10.6%
10.6%
9.8%
9.8%
9.4%
9.4%
8.5%
8.5%
8%
8%
4.6%
4.6%
2.9%
2.9%
4%
4%
0.7%
0.7%
4.4%
4.4%
3.9%
3.9%
2.2%
2.2%
2.1%
2.1%
5.5%
5.5%
8.9%
8.9%
6.5%
6.5%
2.5%
2.5%
2.1%
2.1%
9.2%
9.2%
2.8%
2.8%
1.7%
1.7%
1.1%
1.1%
3.2%
3.2%
1.2%
1.2%
2.5%
2.5%
1.2%
1.2%
2.1%
2.1%
4%
2.2%
-1.9%
2.2%
1.5%
1.5%
-1.2%
-1.2%
-0.1%
-0.1%
4.6%
4.6%
0.6%
0.6%
-2.8%
-2.8%
-3.4%
-3.4%
-7.1%
-7.1%
-8.7%
-8.7%
-7.5%
-7.5%
-5.5%
-5.5%
-6.9%
-6.9%
-5.7%
-5.7%
-6.1%
-6.1%
-8.3%
-8.3%
-9.7%
-9.7%
-7.2%
-7.2%
-5.5%
-5.5%
-9.5%
-9.5%
-7.5%
-7.5%
-9.3%
-9.3%
-8.1%
-8.1%
-6.9%
-6.9%
-2%
-2%
5.3%
5.3%
6.3%
6.3%
9.1%
9.1%
8.5%
8.5%
6%
6%
5.9%
5.9%
5.4%
5.4%
5.7%
5.7%
4.8%
4.8%
5.7%
5.7%
5.5%
5.5%
5.3%
5.3%
5%
5%
7.2%
7.2%
7.8%
7.8%
6.2%
6.2%
4.6%
4.6%
5%
5%
7.9%
7.9%
4.3%
4.3%
4.1%
4.1%
5%
5%
5.5%
5.5%
4.5%
4.5%
4.3%
4.3%
4.1%
4.1%
5.5%
5.5%
5.8%
5.8%
5.2%
5.2%
5.4%
5.4%
6.4%
6.4%
6.5%
6.5%
5.7%
5.7%
4.9%
4.9%
4.4%
4.4%
5.1%
5.1%
4.5%
4.5%
4.9%
4.9%
4.7%
4.7%
6.2%
6.2%
5.5%
5.5%
5%
5%
5.4%
5.4%
5%
5%
5.8%
5.8%
5.7%
5.7%
5.2%
5.2%
5.4%
5.4%
5.9%
5.9%
5.5%
5.5%
6%
6%
5%
5%
4.8%
4.8%
4.4%
4.4%
5.3%
5.3%
4.9%
4.9%
4.4%
4.4%
4.2%
4.2%
5.2%
5.2%
5.4%
5.4%
4.6%
4.6%
5.7%
5.7%
5.8%
5.8%
7%
7%
6.7%
6.7%
8.9%
8.9%
9.3%
9.3%
7.8%
7.8%
7.1%
7.1%
6.6%
6.6%
7%
7%
7.9%
7.9%
6.2%
6.2%
6.1%
6.1%
6.1%
6.1%
5.9%
5.9%
5.5%
5.5%
5.8%
5.8%
6.5%
6.5%
5.7%
5.7%
5.8%
5.8%
5.4%
5.4%
6.3%
6.3%
6.5%
6.5%
5.1%
5.1%
4.7%
4.7%
4.5%
4.5%
5.6%
5.6%
4.2%
4.2%
3.8%
3.8%
3.3%
3.3%
5.2%
5.2%
4.4%
4.4%
3.1%
3.1%
4.7%
4.7%
4.3%
4.3%
4%
4%
4.3%
4.3%
3.2%
3.2%
4.9%
4.9%
4.2%
4.2%
3.5%
3.5%
2.6%
2.6%
3%
3%
2.9%
2.9%
4.4%
4.4%
3.6%
3.6%
3.2%
3.2%
2.9%
2.9%
3.8%
3.8%
3.3%
3.3%
3.7%
3.7%
2.8%
2.8%
3%
3%
3.2%
3.2%
3.8%
3.8%
2.6%
2.6%
3.4%
3.4%
5%
5%
5.7%
5.7%
4.4%
4.4%
3.3%
3.3%
3%
3%
4.8%
4.8%
4.1%
4.1%
2.3%
2.3%
2.6%
2.6%
3.6%
3.6%
3.5%
3.5%
3.6%
3.6%
3.2%
3.2%
4.1%
4.1%
4%
4%
3.6%
3.6%
4.5%
4.5%
0.3%
4.4%
4.3%
4.3%
3.2%
3.2%
2.5%
2.5%
2.7%
2.7%
2.8%
2.8%
2.1%
2.1%
2%
2%
2.4%
2.4%
2.7%
2.7%
2.2%
2.2%
2.8%
2.8%
2.1%
2.1%
2.5%
2.5%
1.8%
1.8%
2%
2%
2.4%
2.4%
1.3%
1.3%
2.3%
2.3%
1.7%
1.7%
2.3%
2.3%
1.6%
1.6%
1.3%
1.3%
0.6%
0.6%
1.2%
1.2%
1.3%
1.3%
1%
1%
1.4%
1.4%
1.1%
1.1%
0.9%
0.9%
0.7%
0.7%
0.2%
0.2%
0.3%
0.3%
0.3%
0.3%
0.9%
0.9%
2.4%
2.4%
2.1%
2.1%
1.5%
1.5%
1%
1%
0.7%
0.7%
2.2%
2.2%
1%
1%
0.9%
0.9%
0.7%
0.7%
0.6%
0.6%
0.3%
0.3%
1%
1%
0.5%
0.5%
1.3%
1.3%
0.2%
0.2%
0.2%
0.2%
0.4%
0.4%
0.8%
0.8%
0.6%
0.6%
0.2%
0.2%
0.2%
0.2%
0.5%
0.5%
0.3%
0.3%
0.6%
0.6%
0.4%
0.4%
0.8%
0.8%
0.6%
0.6%
0.5%
0.5%
0.9%
0.9%
0.7%
0.7%
0.6%
0.6%
0.9%
0.9%
0.4%
0.4%
0.5%
0.5%
1.1%
2.5%
0.6%
0.6%
0.8%
0.8%
0.5%
0.5%
1.1%
1.1%
0.6%
0.6%
1.5%
1.5%
0.8%
0.8%
0.6%
0.6%
0.7%
0.7%
0.6%
0.6%
1.2%
1.2%
0.9%
0.9%
0.6%
0.6%
0.8%
0.8%
1%
1%
1.4%
1.4%
1.7%
1.7%
2.9%
2.9%
2.5%
2.5%
2.1%
2.1%
1.5%
1.5%
1.9%
1.9%
3.9%
3.9%
1.5%
1.5%
1.2%
1.2%
1.1%
1.1%
1.9%
1.9%
1.5%
1.5%
1.3%
1.3%
1.1%
1.1%
0.7%
0.7%
0.9%
0.9%
0.9%
0.9%
1.7%
1.7%
1.3%
1.3%
1.3%
1.3%
1.7%
1.7%
1.6%
1.6%
1.9%
1.9%
1.7%
1.7%
1%
1%
1.2%
1.2%
1.4%
1.4%
2%
2%
1.7%
1.7%
1.6%
1.6%
1.1%
1.1%
1.2%
1.2%
1.7%
1.7%
1.6%
1.6%
1.8%
1.8%
2.1%
2.1%
1.6%
1.6%
1.4%