This news item is also known as the Retail Sales ex-Autos Report, because the input from sales of automobiles is taken away from the Retail Sales report. The reason for this is that automobile sales have very wild swings from month to month which tends to distort the underlying data, and so the Core Retail […]
Read Some MoreThe US Gross Domestic Product (GDP) report is a measure of the change in the value of goods and services produced by the US economy after adjustments have been made for inflation. In simple terms, this is an indicator of the rate of growth of the US economy. The US GDP report is classified as […]
Read Some More