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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Core Retail Sales MoM held to 1.0% in March 2013
FMPMonthlyReleased March 2013
US Core Retail Sales MoM held to 1.0% in March 2013. The print exceeded the 0.2% consensus by 0.8%.
Latest Release
1
Actual
0.2
Consensus
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Core Retail Sales MoM (United States) was reported at 1% in March 2013. This beat the market consensus of 0.2% by 0.8%. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Core Retail Sales MoM - US
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About Core Retail Sales MoM — United States
DEFINITION
Core Retail Sales MoM (Month-over-Month) is a key economic indicator that measures the change in the total value of retail sales, excluding volatile categories such as automobiles and gasoline. This indicator provides valuable insights into consumer spending patterns and overall economic growth, making it a crucial tool for investors, policymakers, and businesses. A positive change in Core Retail Sales MoM indicates an increase in consumer spending, while a negative change suggests a decrease. This data is released monthly by the government and is closely monitored by financial experts to assess the health of the economy.
WHY THIS INDICATOR MATTERS
Consumer activity accounts for the majority of GDP in advanced economies, making spending data a key cyclical signal for retail and discretionary sectors. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2013): actual 1 %, consensus 0.2 %.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.