Approximately 70% of U.S. GDP (Gross Domestic Product) is created for personal consumption. As consumption is such a large component of our economy, it is prudent for us, as investors, to have some tools to monitor consumption--both for insight into the broader market trend and trends in sectors more sensitive to changes in personal consumption, such as retail.

Here is one method of doing just that using the retail sales data series as compiled and published by the U.S. Census Bureau.

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