U.S. Real Retail Sales and Recession

U.S. Real Retail Sales and Recession In June, real retail sales stand at -0.68% YoY. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.

Recession – U.S. Real Retail Sales

Recession – U.S. Real Retail Sales U.S. real retail sales have declined in 2024, suggesting ongoing weakness in consumer spending. Image: BofA Global Investment Strategy

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

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

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. Headline Retail Sales

U.S. Headline Retail Sales U.S. retail sales look V-shaped, but can it last? Image: Morgan Stanley Research