Retail Sales
Market Sensitivity: High.
What Is It: First report of the month on consumer spending; capable of big surprises.
News Release on Internet: www.census.gov/svsd/www/advtable.html
Home Web Address: www.census.gov
Release Time: 8:30 A.M. (ET); available about two weeks after the month ends.
Frequency: Monthly.
Source: Bureau of the Census, Department of Commerce.
Revisions: Can be huge from month to month. Each release also contains broad revisions of the two previous months to reflect more complete information. Annual benchmark changes are released in March and can go back three years or more.
Why Is It Important
Remove three legs from a table and, well, it isn't much of table after that. If you imagine the U.S. economy being the table ...
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