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Retail Sales Ex Gas/Autos MoM

Name: Retail Sales Ex Gas/Autos MoM
Creator: TipRanks

The 'Retail Sales Ex Gas/Autos MoM' in the USA measures the monthly change in retail sales, excluding the volatile categories of gasoline and automobiles. This indicator provides a clearer view of underlying consumer spending trends by filtering out the noise from these sectors. It is important for the economy and financial markets as it reflects consumer confidence and spending habits, which are key drivers of economic growth. A significant change in this metric can influence monetary policy decisions and impact stock and bond markets.