Insight Report 10 minutes PremiumJuly 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth Amid Marginal Disposable Income Rise Royce Baretto, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 28, 2023 What's InsideThe monthly Coresight Research 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 July 26, 2023. 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: June 2023 Leading Indicators of US Retail Sales: Total Gains To Be in the Low Single Digits Due to Flat Disposable Income Growth The Coresight Research US Retail Sales Databank Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Beauty Retailing—A Standout Discretionary Category in 2023: Highlights from the Market NavigatorGroceryshop 2023 Day Two: Technology and Partnerships in the Grocery Space4Q23 US Retail Inventory Insights: Inventory Turnover Ratios Grow Following the Holiday SeasonThink Tank: Generative AI Explained—Understanding Its Power and Fundamental Technologies