65. Trading the News - Economic Numbers - Retail Sales
http://www.informedtrades.com/ A look at how the make up of the Retail Sales number and how this economic indicator moves the stock, futures, and forex markets. Example Release: http://www.census.gov/svsd/www/marts_current.html Lesson on InformedTrades.com: http://www.informedtrades.com/15297-trade-news-how-interpret-retail-sales-number.html The retail sales number is released at 8:30 am on or around the 13th of each month, and is an estimate of the sales of goods by all retail establishments in the United States. These goods fall into the personal consumption expenditures category, which as we discussed in our lesson on GDP, makes up over 65% of the US Economy. Although the number...
