Insight ReportMay 2024 US Retail Sales Outlook: Retail Sales Growth To Slow Slightly Before Improving Madhav Pitaliya, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research May 23, 2024 Reasons to ReadThe 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 Other relevant research: April 2024 US Retail Sales: Solid Sales Growth Continues; Home-Improvement Retailers Rebound April 2024 US Retail Sales Outlook: Projecting Low-Single-Digit Growth Amid Growing Disposable Income The Coresight Research US Retail Sales Databank Click here to view our full collection of monthly reports 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: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet PassesAnalyst Corner: Three Themes Transforming US Apparel and Footwear Retail in 2025, with Anand KumarWeekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format Stores2026 Sector Outlook: US Mass Merchandisers, Warehouse Clubs and Discount Retailers—Warehouse Clubs To Lead Growth amid Sustained Value-Seeking Behavior
