Projected Business Formations Within Four Quarters: Total for All NAICS in Rhode Island
Seasonally Adjusted
BFPBF4QTOTALSARI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.00
Year-over-Year Change
10.11%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Seasonally Adjusted' economic trend measures the total value of retail and food service sales in the United States, adjusted for seasonal variations. This key indicator helps economists and policymakers understand consumer spending 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 'Seasonally Adjusted' series provides a monthly snapshot of total retail and food service sales, with seasonal fluctuations removed. This allows for more accurate analysis of underlying consumer demand trends and their impact on the broader economy.
Methodology
The U.S. Census Bureau collects and adjusts this data to account for predictable seasonal variations.
Historical Context
Retail sales data is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending drives approximately two-thirds of GDP.
- The U.S. Census Bureau has published this data series since 1992.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures the total value of retail and food service sales in the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer demand and spending patterns, which are crucial indicators of broader economic health and activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the raw retail sales data and applies statistical adjustments to account for predictable seasonal fluctuations.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve and other institutions to inform monetary policy and economic decision-making.
Q: Are there update delays or limitations?
A: The 'Seasonally Adjusted' retail sales data is published monthly by the U.S. Census Bureau, with a typical 2-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BFPBF4QTOTALSARI), retrieved from FRED.