Key Economic Indicators to Watch: Retail Sales

Key Economic Indicators to Watch: Retail Sales

Key Economic Indicators to Watch: Retail Sales By Peter Zeihan The last time we discussed numbers to watch, we talked about first-time unemployment claims as a recession indicator. This time, we’re talking about retail sales as a key economic indicator. More here > Source

Key Economic Indicators to Watch: Retail Sales - Zeihan on Geopolitics

The last time we discussed numbers to watch, we talked about first-time unemployment claims as a recession indicator. This time, we’re talking about retail sales as a key economic indicator.Consumer activity accounts for some 65-70% of the US economy, so it is probably worth paying attention to. Retail sales give us a slice of the pie, covering purchases of goods and services. Sure, it doesn’t include housing, healthcare, and B2B transactions an…