Wednesday, May 23, 2012 10:36 AM SAST

Retail Sales

Retail sales reports measures consumer spending, also known as personal consumption expenditure. Consumer spending is the largest part of aggregate demand or effective demand at the macroeconomic level.

Economists often look to these reports to gauge private demand and the state of the overall economy.

Articles About Retail Sales

Majors Daily Forecast 23 May 2012

By iFOREX

EUR/USD Sell at 1.2685 SL 1.2717 TP 1.2608 USD/JPY Sell at 79.84 SL 80.16 TP 79.12 GBP/USD Sell at 1.5767 SL 1.5799 TP 1.5679 USD/CHF Buy at 0.9467 SL 0.9435 TP 0.9551 today so far +53, total yesterday +88 pips. (8:49 am)

MORE TOPICS: JAPAN, RETAIL

One hundred Euro banknotes lay on top of various Swiss Franc notes in this picture illustration at a bank in Warsaw, July 18, 2011.
Daily Dollar Forecast 05/23/2012

By Ozforex

A conservative day’s trade was witnessed in Asian hours yesterday as markets weighed up prospects for global growth with the ever-present fear of European contagion. (1:22 am)

MORE TOPICS: DOW JONES, EXISTING HOME SALES, CRUDE OIL, JAPAN, RETAIL, BANK OF JAPAN

NYSE
US Stock Futures Edge Lower Ahead Of Home Sales Data

By IBTimes

Futures on major U.S. stock indices point to a slightly lower opening Tuesday ahead of existing home sales data that are expected to show a rise in April sales. (1:07 pm)

MORE TOPICS: CHINA, DOW JONES, FTSE, EXISTING HOME SALES, GERMANY, RETAIL

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

By Union Bank of California

The dollar has consolidated within its recent ranges as stocks and commodities look to rebound after trading through one of the worst weeks of 2012. The USD does, however, remain towards the top of its recent broad ranges with investors still concern... (May 21)

MORE TOPICS: CHINA, GOLD, EXISTING HOME SALES, GDP, RETAIL, ELECTIONS

The Recovery Is an Illusion: John Williams

By Street Wise Reports

John Williams, author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this exclusive Gold Report interview from the recent Recovery Reality Check conference. (May 19)

MORE TOPICS: GOLD, FEDERAL RESERVE, UNEMPLOYMENT, GDP, ADVERTISING, RETAIL

Analysis: China's towering metal stockpiles cast economic shadow

By Reuters

When metals warehouses in top consumer China are so full that workers start stockpiling iron ore in granaries and copper in car parks, you know the global economy could be in trouble. (May 18)

MORE TOPICS: CHINA, HSBC, LEHMAN BROTHERS, MERRILL LYNCH, MANUFACTURING, RETAIL

HTC One X And Evo 4G LTE
HTC’s One X and Evo 4G LTE Held by US Customs over Patent Dispute

By IBTimes UK

HTC faces import bans on two of its premium smartphones - the One X and Evo 4G LTE - following an ITC directive, amid ensuing patent dispute against Apple. (May 17)

MORE TOPICS: RETAIL, SMARTPHONE, ANDROID, HTC

China consumers less willing to spend in first quarter: Nielsen

By Reuters

China's consumers are cooling towards discretionary spending, preferring to salt money into savings or education for their children, according to a Nielsen survey of Chinese consumer confidence published on Thursday. (May 17)

MORE TOPICS: CHINA, RETAIL

U.S. housing, industrial data point to steady growth

By Reuters

Groundbreaking for U.S. homes rebounded in April and factory activity gained momentum, suggesting a moderate pickup in economic growth early in the second quarter. (May 16)

MORE TOPICS: FEDERAL RESERVE, MANUFACTURING, RETAIL, EUROPEAN CENTRAL BANK, NEW YORK, PENNSYLVANIA

Housing, industrial data point to steady growth

By Reuters

Groundbreaking for U.S. homes rebounded in April and factory activity gained steam, suggesting a moderate pick up in economic growth early in the second quarter. (May 16)

MORE TOPICS: FEDERAL RESERVE, MANUFACTURING, RETAIL, NEW YORK, PENNSYLVANIA, MORTGAGE