April 2024 US Retail Sales Outlook: Projecting Low-Single-Digit Growth Amid Growing Disposable Income

What's Inside

The monthly Coresight Research US Retail Sales Outlook (formerly Leading Indicators of US Retail Sales) series tracks several major macroeconomic indicators and their likely effect on US retail sales. This report analyzes the latest available data as of April 19, 2024.

Data in this research report include:

• Proprietary Coresight Research projections for retail sales growth by month for the next 12 months
• US actual retail sales versus model predicted sales
• US unemployment rate and labor force participation rate
• US average hourly wages for all private-sector employees
• US annualized real disposable income per capita

Other relevant research:

• March 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer Sentiment
• March 2024 US Retail Sales: Growth Moderates But Remains Solid; General Merchandise Stores Rebound
• The Coresight Research US Retail Sales Databank
• Click here to view our full collection of monthly reports