CONVEX
Past Release · Retail Sales

May 2025 Retail Sales Report

Thursday, May 1, 2025

Retail Sales printed at 618,037, a -0.88% move from the prior reading of 623,521.

618,037
May 1
Prior
623,521
Absolute
5,484
Percent
-0.88%

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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