United States: Core retail sales better than estimates at 1.5%

The consensus counted on 0.4%. The previous publication was 0.5%.

This indicator shows levels of retail sales (excluding cars) in the United States. This statistic gives an indication of the trend on the consumer market in the USA and thus can determine whether an economic is recovering or or not. Household consumption is crucial for the U.S. economy, accounting for more than two-thirds of the GDP growth of the United States.