Projected Business Formations Within Four Quarters: Total for All NAICS in Virginia
Not Seasonally Adjusted
BFPBF4QTOTALNSAVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
698.00
Year-over-Year Change
18.91%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the value of retail sales, excluding automotive, on a monthly basis without seasonal adjustments. This provides insights into underlying consumer demand patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Not Seasonally Adjusted' retail sales trend represents the raw, unadjusted total of retail and food service sales, excluding motor vehicle and parts dealers. It offers an unfiltered view of consumer spending behavior that can supplement seasonally adjusted data.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of a sample of retail and food service firms.
Historical Context
Economists and policymakers monitor this trend to gauge the strength of consumer spending, a key driver of economic growth.
Key Facts
- Retail sales account for nearly 70% of U.S. GDP.
- Consumer spending makes up about two-thirds of total U.S. economic activity.
- The 'Not Seasonally Adjusted' retail sales trend exhibits more volatility than the seasonally adjusted data.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total value of retail and food service sales, excluding automotive, on a monthly basis without adjusting for seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted data provides insights into underlying consumer demand patterns that can supplement the more commonly cited seasonally adjusted retail sales figures.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of a sample of retail and food service firms.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge the strength of consumer spending, a key driver of economic growth and a crucial input for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' retail sales data is published monthly, with a slight delay compared to the seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFPBF4QTOTALNSAVA), retrieved from FRED.