CONVEX
Past Release · Retail Sales

October 2024 Retail Sales Report

Tuesday, October 1, 2024

Retail Sales printed at 612,772, a +0.66% move from the prior reading of 608,774.

612,772
Oct 1
Prior
608,774
Absolute
+3,998
Percent
+0.66%

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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