The 'Retail Sales MoM' (Month-over-Month) in the USA measures the percentage change in the total value of sales at the retail level from one month to the next. It is a key indicator of consumer spending, which accounts for a significant portion of the country's economic activity. This data is crucial for assessing the health of the economy, as strong retail sales can indicate economic growth, while weak sales may signal a slowdown. Financial markets closely watch this report because it can influence monetary policy decisions and impact stock prices, currency values, and bond yields.
The 'Retail Sales MoM' (Month-over-Month) in the USA measures the percentage change in the total value of sales at the retail level from one month to the next. It is a key indicator of consumer spending, which accounts for a significant portion of the country's economic activity. This data is cru...