Retail trade in the US grew 4.6 percent year-on-year in October 2018, following a downwardly revised 4.2 percent rise in the previous month. Retail Sales YoY in the United States averaged 4.40 percent from 1993 until 2018, reaching an all time high of 11.20 percent in March of 1994 and a record low of -11.50 percent in March of 2009.
Retail Sales YoY in the United States is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in the United States to stand at 5.20 in 12 months time. In the long-term, the United States Retail Sales YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.