U.S. Real Retail Sales and Recession In February, U.S. real retail sales stand at 4.52% YoY. About 70% of U.S. GDP is personal consumption. In the past, real retail sales trended sideways before the recession began.
2020 Retail Sales in the U.S. and Euro Area This chart shows a sweet V-shaped recovery in U.S. and EU retail sales. Image: BofA Global Research
U.S. Retail Sales – Store Retailers vs. Nonstore Retailers Can U.S. store retailers come back to life as the lockdown eases? Image: BCA Research
U.S. Real Retail Sales during 7 Recessions since 1970 The rebound in U.S. real retail sales is a V-shaped recovery, but can it last? Image: Pictet Asset Management
U.S. Headline Retail Sales U.S. retail sales look V-shaped, but can it last? Image: Morgan Stanley Research
U.S. Retail Sales in March-April 2020 U.S. retail sales from March to April is dramatic and tumbled by a record 16.4%. Image: Oxford Economics
U.S. Nonstore Retail Sales This chart puts into perspective U.S. nonstore retail sales, which are a proxy measure for ecommerce performance. Image: The Daily Shot – The Wall Street Journal
Ecommerce as a Percentage of Total Retail Sales in the U.S. U.S. retail e-commerce sales now account for 11 percent of total sales. Image: Financial Times
Global Employment and Global Real Retail Sales Chart suggesting that the slowdown in global employment is expected to impact global real retail sales. Image: J.P. Morgan
U.S. Retail Sales and Food Services vs. Fair Value Model After disappointing U.S. retail sales in September, this chart provides a good forward guide for U.S. consumer spending. The Fair Value Model leads consumption and includes: ASA Staffing Index (temps), spread between good unemployment (job leavers) and bad unemployment (job losers), and forward-looking income expectations.…