Insight ReportJune 2021 Leading Indicators of US Retail Sales: Higher Labor Prices To Help Offset Decline of Stimulus Effect Coresight Research July 15, 2021 Reasons to ReadOur monthly Leading Indicators of US Retail Sales series offers analysis of key macroeconomic indicators and developing trends. Learn more about higher labor prices and the decline of stimulus effects. The Coresight Research monthly 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 the end of June 2021. This report includes discussion of the following 10 indicators: Unemployment rate Labor force participation rate Disposable income Average hourly wages Consumer sentiment Savings rate Gas prices Interest rate Housing starts Home price index Click here to read the previous report in this series. Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of monthly reports. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Chimeable—Generating Authentic Reviews and Scaling User Videos Through Social Media SyndicationNextGen 2025 Highlights: Coresight Research Premium Subscriber Call, July 2025RetailTech: Empowering Retail’s Front Line, Creating Smarter Stores—Five Tech-Driven Strategies for Associate EnablementResponses to Inflation—Trading Down in Food and Nonfood Remains a Critical Shopping Strategy: US Consumer Survey Insights