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February 2023 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear Uptick

What's Inside

The monthly Coresight Research Leading Indicators of US Retail Sales series tracks a number of major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data as of February 17, 2023.

Data in this 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:

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