Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • Forex Capital Markets | FXCM, LLC
  • GFT Forex
  • avafx foreign exchange
  • Forex.com Gain Capital Brokers
  • CMS FX
  • VantageFX
  • dukascopy
  • IBFX
  • etoro
  • Marketiva Currency Trading
  • fxclub

Advertise with us

Home » Forex Glossary » Advanced Retail Sales

Advanced Retail Sales

This statistic measures total sales in dollars at all retail outlets. Retail spending constitutes a particularly large percentage of consumer spending. As such, retail output is a very good estimator of total consumer spending in the U.S. economy and overall consumer confidence. Since consumer spending makes up a large fraction of overall goods spending, ARS serves as a good indicator of current domestic GDP, and trends in ARS can foreshadow trends in GDP.