KBRA releases research examining March 2023 retail sales. This month’s report discusses declining retail sales in each of the last two months as headline inflation has eased and the Federal Reserve’s rate tightening cycle has progressed. The report also discusses observations from the Fed’s April 19 Beige Book that may suggest a softening economy.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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