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10 minutes

January 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment Improves

Primary Analyst:
Shivani Mehrotra, Analyst
Contributors
Primary Analyst:
Shivani Mehrotra, Analyst
Sector Lead: John Harmon, CFA, Associate Director of Technology Research
Insight Report

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 January 20, 2023.

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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