Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • FXCM Capital Markets Forex
  • fxclub
  • Marketiva Forex Brokers
  • dukascopy
  • Global Forex Trading
  • etoro forex
  • IBFX
  • CMS Forex
  • Vantage FX
  • ava fx trading
  • Forex com GAIN Capital

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.