Computers and consumer electronics product category accounts for over 20 percent of online retail sales today.
- A retail sale occurs when a company sells a product or service to a single consumer for personal use.
- The transaction itself can take place through a variety of sales channels, including online, in a physical storefront, direct sales, or direct mail.
- Every month, on or around the 13th, the data is released to the newswires at 8:30 a.m. Eastern Time.
- The Retail Sales Report provides an accurate picture of the current state of the US economy and is regarded as a reliable indicator of inflationary pressures.
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