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US Census Bureau to Release Delayed Retail Sales and PPI Data on November 25

September figures, postponed for over a month, may signal slower consumer spending; economists forecast a modest retail sales rise.

Summary

The US Census Bureau will publish September retail sales and Producer Price Index (PPI) data on November 25 after a more than month-long delay. Economists project retail sales growth of 0.4%, down from August’s 0.6%, suggesting a potential slowdown in consumer spending. Market observers consider a Federal Reserve rate cut in December likely.

Terms & Concepts
  • US Census Bureau: A U.S. government agency responsible for collecting and analyzing national economic and demographic data.
  • Producer Price Index (PPI): A measure of average changes in selling prices received by domestic producers for their output.
  • Federal Reserve rate cut: A reduction in the benchmark interest rate set by the U.S. central bank to influence economic activity.