Nominal GDP (Current Dollars) vs Retail Sales (Monthly Change)
Nominal GDP (Current Dollars) is currently 29.72T (up +0.4T). Retail Sales (Monthly Change) is currently -0.2% (down -0.4%).
| Metric | Nominal GDP (Current Dollars) | Retail Sales (Monthly Change) |
|---|---|---|
| Current value | 29.72T | -0.2% |
| Previous reading | 29.35T | 0.2% |
| Change | +0.4T | -0.4% |
| Trend | up | down |
| Frequency | Quarterly | Monthly |
| Source | Bureau of Economic Analysis | U.S. Census Bureau |
| Last updated | 2026-03-27 | 2026-03-17 |
| Category | growth | consumer |
What Nominal GDP (Current Dollars) measures
Nominal GDP measures the total dollar value of all goods and services produced in the United States at current market prices, without adjusting for inflation. It represents the raw size of the economy.
Nominal GDP shows the absolute size of the U.S. economy in current dollars. At nearly $30 trillion, the U.S. remains the world's largest economy. Executives use nominal GDP to size markets, estimate total addressable revenue, and benchmark company performance against the broader economy. Revenue growing faster than nominal GDP means you're gaining market share.
What Retail Sales (Monthly Change) measures
Retail sales measures the total receipts of retail stores, covering purchases of durable and nondurable goods. It is a timely indicator of consumer demand and is closely watched for signs of economic strength or weakness.
Retail sales declined 0.2% in the latest report, following a weak January (-0.9%). Excluding autos and gas, the picture is slightly better. For executives in retail and consumer goods, the data suggests consumers are pulling back on discretionary purchases while maintaining spending on essentials. E-commerce continues to gain share of total retail sales.
Frequently asked
Nominal GDP (Current Dollars) is currently 29.72T, up +0.4T from the previous reading. Source: Bureau of Economic Analysis, updated quarterly.
Retail Sales (Monthly Change) is currently -0.2%, down -0.4% from the previous reading. Source: U.S. Census Bureau, updated monthly.
Nominal GDP shows the absolute size of the U.S. economy in current dollars. At nearly $30 trillion, the U.S. remains the world's largest economy. Executives use nominal GDP to size markets, estimate t Retail sales declined 0.2% in the latest report, following a weak January (-0.9%). Excluding autos and gas, the picture is slightly better. For executives in retail and consumer goods, the data sugges