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Key Economic Indicators to Watch: Retail Sales
Released on Patreon on July 21, 2025
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| The last time we discussed numbers to watch, we talked about first-time unemployment claims as a recession indicator. This time, we’re talking about retail sales as a key economic indicator.
Consumer activity accounts for some 65-70% of the US economy, so it is probably worth paying attention to. Retail sales give us a slice of the pie, covering purchases of goods and services. Sure, it doesn’t include housing, healthcare, and B2B transactions and it comes with a 6-week delay, but hey, beggars can’t be choosers.
Below is a link to the website where you can look at retail sales in the US.
Link: https://www.census.gov/retail/sales.html |
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