Definitions for "Retail Sales"
Reported by the Commerce Department, is a measure of the sales of durable and non-durable goods to consumers.
A monthly survey by the Commerce Department that measures the sales of durable and nondurable goods sold to consumers. (A durable good is a product that is expected to last more than three years.) The changes in retail sales are seen as the most timely indicator of broad consumer spending patterns. Bond holders favor a decline in retail sales because such weakness signals a slowing economy. A strong economy brings fears of inflation, which hurts bond prices.
A statistic that measures key areas of retail activity, such as building materials, automobiles, furniture, food, department store goods, gasoline, restaurants and drug store sales. When this statistic moves upward, economic growth is indicated.
Purchase products at wholesale, sell at retail, and earn the difference. With 3,000 points of Personal Volume purchased in any one commission period, you are eligible for the 20% Retail Volume Bonus (RVB) on all purchases over the monthly qualification requirement.