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Economic Data

Retail Sales

Posted by NIFM
20-Nov-13 02:01PM

Retail Sales m/m is also called Advance Retail Sales

Retail Sales data release date delayed by 6 days due to the US government shutdown; Its measure change in the total value of sales at the retail level.

If Actual data is better than Forecast than it is good for currency.

Retail Sales data Released every month, about 14 days after the month ends.

Traders have to care about this data because it is the primary gauge of consumer spending, which accounts for the majority of overall economic activity. Retail Sales Data is highly important for the market.

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