Retail Sales Expectations

The Retail Sales Report (Excluding Vehicles and Parts) is set to be released tomorrow June 14th. The Estimize consensus predicts a strong 0.4% increase (MoM) from the previous April report. After growing at only 0.1% (MoM) in Dec 17’ and Jan 18’, and 0.2% in Feb 18’, Retail Sales picked up reporting stronger figures in the months of of March and April (0.4% growth and 0.3% growth respectively). The effects of weather events on Retail Sales is not to be understated, generating volatility in expected reports. However, the Estimize community has been quite accurate in recent months predicting growth rates of 0.4% during both Mar. 18’ and Apr. 18’ compared to values of 0.4% growth and 0.3% growth respectively. With summer kicking in to full gear, retailers are hoping warm weather will bring strong reports.

(Click on image to enlarge)

image

Disclosure: There can be no assurance that the information we considered is accurate or complete, nor can there be any assurance that our assumptions are correct.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Moon Kil Woong 4 days ago Contributor's comment

If anything people are paying more for less. The strong economy has yet to hit the retail market and it shows.