Confidence Measures


June Retail Sales Improve as Expected, Given Confidence

Retail sales improved as expected in June. Online retailers and home improvement stores led the strongest growth. The pickup is as predicted by the Spending Confidence Index™ (found here) that consumer spending plans would improve led by discretionary goods—especially homegoods and…




Spending Confidence Points to Better Retail Sales

Spending confidence has improved in June—especially in discretionary goods—suggesting that retail sales will improve from last month’s letup. The improvement in the Spending Confidence Index™ among discretionary goods is especially evident in clothing, homegoods, and leisure goods. Among consumable goods, confidence…


Retail Spending Trend Cools in May as Expected

The retail spending trend cooled as expected in May from a relatively strong prior month. Home-related stores and big-box mass retailers weighed on the trend most of all. The letup is consistent with the prediction of the Spending Confidence Index™ (found…