Projected Business Formations Within Eight Quarters: Total for All NAICS in South Carolina
Seasonally Adjusted
BFPBF8QTOTALSASC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
625.00
Year-over-Year Change
18.37%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted Retail Sales data tracks monthly changes in retail and food service sales, providing insights into consumer spending and economic activity.
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
This series, published by the U.S. Census Bureau, measures the total value of sales at retail and food service establishments, adjusted for seasonal variations. It is a key indicator of consumer demand and a barometer of the overall economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses.
Historical Context
Retail sales figures are closely monitored by economists, policymakers, and investors to gauge the health of the consumer sector and inform economic forecasts.
Key Facts
- Retail sales account for nearly 30% of total U.S. economic activity.
- The data is released monthly, approximately 2 weeks after the reference period.
- Sales at motor vehicle and parts dealers make up the largest component of retail trade.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Retail Sales data measures the total value of sales at retail and food service establishments, with adjustments made to account for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a crucial indicator of consumer demand and overall economic activity, making this data highly relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve and other policymakers to assess the strength of the consumer sector and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released approximately 2 weeks after the reference period, and may be subject to revisions as more complete information becomes available.
Related Trends
Real Gross Domestic Product: Printing and Related Support Activities (323) in South Carolina
SCPRNTRGSP
Real Gross Domestic Product: Wholesale Trade (42) in South Carolina
SCWHOLERGSP
Health Care and Social Assistance Wages and Salaries in South Carolina
SCWHEA
Gross Domestic Product: Electrical Equipment, Appliance, and Component Manufacturing (335) in South Carolina
SCELCEQAPMANNGSP
Number of Civilians Unemployed for 15 Weeks or Longer for South Carolina
UNEMP15SC
Housing Inventory: New Listing Count Year-Over-Year in South Carolina
NEWLISCOUYYSC
Citation
U.S. Census Bureau, Seasonally Adjusted Retail Sales (BFPBF8QTOTALSASC), retrieved from FRED.