retail sales
Definition
Official measure of the broad consumer spending patterns based on the retail sales of consumer-durables (goods that usually last more than three years) and consumer non-durables (that usually last less than three years). Equity stock/share holders want to see the retail sales going up (which usually translate into higher corporate earnings). Bond holders favor declining retail sales that signal a slowing economy, lower inflation, and increase in bond prices.
retail sales is in the Economics, Politics, & Society and Investing subjects.
retail sales appears in the definitions of the following terms: economic indicators, layaway plan, coincident indicators and recession
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