Retail sales data

Retail sales data refers to the total sales of goods by retailers over a specific period, often used to gauge the economic health of a country. It includes sales from stores, online, and catalog sales. An increase in retail sales suggests consumer confidence and spending, while a decrease may indicate economic challenges. This data helps economists, businesses, and policymakers understand consumer behavior trends, adjust business strategies, and make informed decisions about economic policies. Retail sales data is a crucial indicator of consumer demand and overall economic activity.