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MORTGAGE

Retail Sales


Updated 5/15/2013
Key economic statistics
 This weekMonth agoYear ago
Retail Sales419027418284408039

What it means: Released monthly by the Department of Commerce, the retail sales figure (in millions) measures total sales of retail and food services nationwide.

How it's used: Retail sales are an excellent barometer for consumer spending, which fuels two-thirds of economic output. Any drop-off in retail sales indicates that consumers are reducing their level of spending and that harder economic times are likely.

Back to key economic statistics page

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.66% 3.58%
15 yr fixed mtg
2.79% 2.72%
5/1 ARM
2.59% 2.57%
30 yr fixed mtg refi
3.64% 3.57%
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