Retail sales excluding autos in the United States increased 0.7 percent month-over-month in October of 2018, recovering from a 0.1 percent drop in September and beating market forecasts of 0.5 percent. Retail Sales Ex Autos in the United States averaged 0.36 percent from 1992 until 2018, reaching an all time high of 2.60 percent in December of 1999 and a record low of -4 percent in November of 2008.
Retail Sales Ex Autos in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Ex Autos in the United States to stand at 0.70 in 12 months time. In the long-term, the United States Retail Sales Ex Autos MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.