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May 23, 2024 10 minutes

May 2024 US Retail Sales Outlook: Retail Sales Growth To Slow Slightly Before Improving

Primary Analyst:
Madhav Pitaliya, Analyst
Contributors
Primary Analyst:
Madhav Pitaliya, Analyst
Sector Lead: Swarooprani Muralidhar, Director of Research
Macroeconomics Multi-Sector
Insight Report

What's Inside

The monthly Coresight Research US Retail Sales Outlook (formerly 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 May 20, 2024.

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

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This document was generated for

Macro Economics Multi-Sector

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