GDP, CPI and other key economic reports Updated: 02/23/2021
This week Month ago Year ago
Retail Sales 568,215.00 540,915.00 529,766.00

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.

Compare mortgage rates