Category: Economic Forecasts

March Retail Forecast: Firing on All Cylinders

Retail sales set a record during 2018. We have seen record non-seasonally adjusted retail sales during January and February of 2019. March is normally a strong month for retail sales due to the Spring Housing Market. Expect non-seaosnlly adjusted retail sales growth in all sectors month to month and march to March. The seasonally adjusted sales may have one of two slower sales levels March to March.

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February Real Estate Data Could Spike

The housing data from the first month or two often set the pace fr the rest of the year. This year, we missed the starting gun because of the Government Shutdown. It is possible that we could receive a larger than expected bounce in the new construction data, the new home sales data, and the existing home sale data. This is a twelve lap race and we are in lap two.