CONVEX
Past Release · Retail Sales

November 2025 Retail Sales Report

Saturday, November 1, 2025

Retail Sales printed at 634,477, a +0.50% move from the prior reading of 631,346.

634,477
Nov 1
Prior
631,346
Absolute
+3,131
Percent
+0.50%

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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