Retail sales Y-on-Y in the USA, October, 2020
For that indicator, we provide data for the USA from January 1993 to October 2020. The average value for the USA during that period was 1.98 percent with a minimum of -21.93 percent in April 2020 and a maximum of 8.68 percent in March 1994.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
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.