USA: Retail sales Y-on-Y
* indicates monthly or quarterly data series
| USA |
Retail sales Y-on-Y |
|---|---|
| Latest value | -0.64 |
| Reference | February 2023 |
| Measure | percent |
| Source | United States Census Bureau |
For that indicator, we provide data for the USA from January 1993 to February 2023. The average value for the USA during that period was 2.4 percent with a minimum of -21.93 percent in April 2020 and a maximum of 49.24 percent in April 2021.
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Measure: percent
Source: United States Census Bureau
Source: United States Census Bureau
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.