Advance Retail Sales US calculates the monthly retail sales nominal value of the retail purchases by the consumers in the United States.
The total retail sales are calculated by gathering all the sales receipts from selected retailers on a monthly basis. The sales nominal values are adjusted for the taxes, sales return etc.
The Advance Retail Sales facilitates the determination of consumer demand on a monthly basis as against the GDP figures which are calculated only annually.
The Advance Retail Sales measure provides the information about the consumer activity on a timely basis which makes the timely decision making possible.
The total retail sales are calculated by gathering all the sales receipts from selected retailers on a monthly basis. The sales nominal values are adjusted for the taxes, sales return etc.
The Advance Retail Sales facilitates the determination of consumer demand on a monthly basis as against the GDP figures which are calculated only annually.
The Advance Retail Sales measure provides the information about the consumer activity on a timely basis which makes the timely decision making possible.
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