Retail Sales: Definition, Measurement, and Economic Impact
Retail sales measure the total value of goods sold by businesses to end consumers over a specific period, typically reported monthly. This economic metric tracks consumer demand for finished goods and acts as a key indicator of economic health. Retail sales include both in-store and online purchases, measuring the sales of groceries, clothing, books, electronics, or furniture, which refers to selling the end products in the supply chain. 
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