News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
US Retail Sales -1.9% vs 0% Forecasted

US Retail Sales -1.9% vs 0% Forecasted

Kaithleen Pesantez,

Retail Sales -1.9 versus 0% Forecasted

  • US retail sales released for the month of December
  • Retail Sales actuals revised for prior months

US Retail sales from December -1.9 with initial forecast of 0%. While December Retail sales may have fallen below expectations, there is seasonality associated with holiday months since consumer spending is usually higher. Consumer spending is a large component of GPD and a more precise component is the retail sales control group decreasing by -3.5% vs expected -1.1%. With retail sales released, it completely fell below expectations.

US Retail Sales -1.9% vs 0% Forecasted

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES