Past Release · Retail Sales
May 2023 Retail Sales Report
Monday, May 1, 2023
Retail Sales printed at 586,286, a +0.41% move from the prior reading of 583,874.
Headline Reading
Retail Sales (ex Food Svc)→586,286
May 1
Prior
583,874
Absolute
+2,412
Percent
+0.41%
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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