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December 2022 Leading Indicators of US Retail Sales: Mid-Single-Digit Sales Growth Expected Despite Economic Uncertainty

What's Inside

The monthly Coresight Research 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 December 20, 2022.

Data in this report include:

  • US actual retail sales versus model predicted sales
  • Proprietary Coresight Research projections for retail sales growth in November and December 2022
  • 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: 

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