Past Release · Retail Sales
August 2023 Retail Sales Report
Tuesday, August 1, 2023
Retail Sales printed at 595,191, a +1.01% move from the prior reading of 589,257.
Headline Reading
Retail Sales (ex Food Svc)→595,191
Aug 1
Prior
589,257
Absolute
+5,934
Percent
+1.01%
What to Watch For
- •Headline retail sales month-over-month
- •Control group month-over-month
- •Revisions to prior month
- •Category detail: online, autos, restaurants
- •Inflation-adjusted (real) retail sales
Expected Market Reaction
Strong control group: consumer discretionary up, rates up. Weak control group: defensives up, rates down, recession pricing increases.
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