September 2024 US Retail Sales Outlook: Projecting 4% Sales Growth After Interest Rate Cut

What’s Inside

The monthly Coresight Research US Retail Sales Outlook series tracks several major macroeconomic indicators and their likely effect on US retail sales. In this report, we analyze the latest available data as of September 19, 2024.

Alongside this report, you can access the data behind key charts and tables in the Excel download above.

Data in this research report include:

• Our projections for retail sales growth by month for the next 12 months
• US actual retail sales versus model-predicted sales
• US unemployment rate and labor force participation rate
• US average hourly wages for all private-sector employees
• US annualized real disposable income per capita

Other relevant research: