April 2021 Leading Indicators of US Retail Sales: Surprisingly Slow Labor Market Mars an Otherwise Strong Month

What's Inside

The Coresight Research monthly Leading Indicators of US Retail Sales series tracks several major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data, as of the end of April 2021.

This report includes discussion of the following 10 indicators:

1. Unemployment rate
2. Labor force participation rate
3. Disposable income
4. Average hourly wages
5. Consumer sentiment
6. Savings rate
7. Gas prices
8. Interest rate
9. Housing starts
10. Home price index

Click here to read the previous report in this series.

Coresight Research’s monthly reports keep you up to date on US, UK and China retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports.

Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.

Contents

What’s the Story?

Why It Matters

Leading Indicators of US Retail Sales: In Detail

The Job Market

Income, Savings and Sentiment

Housing

What We Think