17 March | Dollar

United States. Retail Sales (MoM). The value of the indicator has increased from -1.2% to 0.2%

A report on this calendar event is released monthly by the Census Bureau.

Retail is a volume of sales of goods and services to the final consumer for a certain period. Retail is included on the list of the most important macroeconomic indicators together with GDP, inflation and level of unemployment.

The important role of retail is to be a leading indicator, which means, its dynamics serve as the base for the forecast of upcoming changes in the whole state of the economy.

Retail includes all types of deals: via personal contacts, trade networks, internet, mail, etc. Often the retail is calculated separately for the nondurable (less than 3 years) and durable goods (more than 3 years). Core retail sales are also to be calculated separately; it doesn’t include the cars, fuel on filling stations, building materials and catering services. These sales categories are subject to the strongest fluctuations; therefore, they may not be taken into account in the overall retail sales indicator for a more accurate understanding of the economic situation.

Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the rise in quotes of USD.

MarketCheese MarketCheese
Period: 01.05.2025 Expectation: 1000 pips
GBPUSD to test level of 1.34 again
Yesterday at 10:58 AM 43
Brent sell
Period: 01.05.2025 Expectation: 660 pips
Trade uncertainty and excess OPEC+ supply are dragging down Brent
Yesterday at 08:49 AM 35
Period: 29.04.2025 Expectation: 600 pips
USDCAD to head towards 1.39400 after rebounding from 1.38200
Yesterday at 07:48 AM 28
Period: 02.05.2025 Expectation: 1669 pips
AUDCAD gains on potential easing of trade tensions between US and China
Yesterday at 07:02 AM 26
Period: 30.04.2025 Expectation: 12000 pips
ETHUSD set to test upper boundary of downtrend channel
24 April 2025 74
Period: 25.04.2025 Expectation: 500 pips
AUDUSD to fall to 0.63000
24 April 2025 42
Go to forecasts