The 'Retail Sales Ex Autos MoM' in the USA measures the monthly change in the total value of sales at the retail level, excluding automobiles. This metric is significant as it provides insight into consumer spending trends, which is a major component of the economy. It is closely watched by financial markets because strong retail sales can indicate economic growth, potentially influencing monetary policy decisions by the Federal Reserve. A higher-than-expected increase can boost investor confidence, while a decline might raise concerns about economic slowdown.
The 'Retail Sales Ex Autos MoM' in the USA measures the monthly change in the total value of sales at the retail level, excluding automobiles. This metric is significant as it provides insight into consumer spending trends, which is a major component of the economy. It is closely watched by finan...