Insight ReportFebruary 2023 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear Uptick Shivani Mehrotra, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research February 23, 2023 Reasons to ReadThe monthly Coresight Research Leading Indicators of US Retail Sales series tracks a number of major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data as of February 17, 2023. Data in this report include: Proprietary Coresight Research projections for retail sales growth by month for the next 12 months US actual retail sales versus model predicted sales US unemployment rate and labor force participation rate US average hourly wages for all private-sector employees US annualized real disposable income per capita Other relevant research: January 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment Improves The Coresight Research US Retail Sales Databank Click here to view our full collection of monthly reports Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Groceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified VisionUS Store Tracker Extra, September 2025: Ollie’s Bargain Outlet and Alimentation Couche-Tard Add 3+ Million Square Feet to Total Opened Retail SpaceStore Tracker Extra: UK Store Openings and Closures 2024 Review and 2025 Outlook—InfographicSector Focus: Department Stores—Data Graphic