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retail sales report
retail sales report definition - finance
Data compiled by the U.S. Bureau of the Census that
measures consumer spending at retail establishments. The data is timely, as it
covers the previous month. However, the data also can be volatile and is
subject to revision because of sampling errors. The data takes on increased
importance around major shopping holidays, such as Christmas. The survey also
is referred to as the Monthly Advance Retail Trade Survey (MARTS).
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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