Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • FXCM Capital Markets Forex
  • Vantage FX
  • Global Forex Trading
  • ava fx
  • dukascopy fx trading
  • etoro forex trading
  • www.Forex.com Gain Capital Markets
  • Interbank FX
  • CMSForex
  • Marketiva Currency Trading
  • fx club

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.