U.S. Real Retail Sales and Recession

U.S. Real Retail Sales and Recession In January, U.S. real retail sales stand at -2.38% YoY. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.

G3 Real Core Retail Sales

G3 Real Core Retail Sales Since 2019, real core retail sales in the United States have risen significantly, while Germany has seen stagnant growth and Japan has witnessed a decline, reflecting differing economic conditions and consumer behaviors. Image: BofA Global Research

ISM Manufacturing Index and Autos vs. Retail

ISM Manufacturing Index and Autos vs. Retail When there is robust economic growth, it is generally expected that the autos sector would outperform the retail sector. Image: Goldman Sachs Global Investment Research

U.S. Labor Market – U.S. Nonfarm Payrolls vs. Retail Sales

U.S. Labor Market – U.S. Nonfarm Payrolls vs. Retail Sales Higher payrolls can potentially lead to higher retail sales, as increased income for employees can result in greater purchasing power. Image: BofA Global Investment Strategy

Flows – Retail Money Market Funds

Flows – Retail Money Market Funds As interest rates increase, inflows into retail money market funds continue to exhibit strength. Image: Topdown Charts

U.S. Retail Sales

U.S. Retail Sales Recent U.S. retail sales data shows that there is a slowdown in consumer spending, which can have a detrimental effect on the U.S. economy. Image: Morgan Stanley Wealth Management

U.S. Retail Inventories

U.S. Retail Inventories Retail inventories in the United States continue to rise. Image: BofA Global Investment Strategy