Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Electronic Retail Card Spending MoM fell to -1.6% in January 2025
FMPMonthlyReleased February 2025
US Electronic Retail Card Spending MoM fell to -1.6% in January 2025, released February 2025, down 4.0% from December's 2.4% reading. The reading missed the 1.0% consensus by 2.6%.
Latest Release
-1.600000
Actual
1.000000
Consensus
2.400000
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
Electronic Retail Card Spending MoM (United States) was reported at -1.6% in January 2025. This missed the market consensus of 1% by 2.6%. The reading fell from the previous value of 2.4%.
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 February 2025.
SHARE
Electronic Retail Card Spending MoM - US
Loading chart data...
About Electronic Retail Card Spending MoM — United States
DEFINITION
Electronic Retail Card Spending MoM is a financial indicator that measures the month-over-month change in the amount of money spent using electronic retail cards. This includes purchases made using credit, debit, and prepaid cards at various retail establishments. This indicator provides valuable insights into consumer spending habits and trends, as well as the overall health of the retail sector. It is often used by economists and analysts to assess the current state of the economy and make predictions for future economic growth.
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. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.