Spliced Business Formations Within Four Quarters: Total for All NAICS in Virginia
Seasonally Adjusted
BFSBF4QTOTALSAVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682.00
Year-over-Year Change
18.82%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted series measures inflation-adjusted retail sales, a key indicator of consumer spending in the U.S. economy. This metric is closely watched by economists and policymakers to gauge the health of the consumer sector.
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 seasonally adjusted measure of retail and food services sales, which accounts for typical seasonal fluctuations. This enables more accurate analysis of underlying trends in consumer behavior and confidence.
Methodology
The U.S. Census Bureau collects and seasonally adjusts the data on a monthly basis.
Historical Context
Retail sales figures are a leading indicator used 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.
- Seasonally adjusted data removes typical seasonal fluctuations.
- The retail sales report is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures inflation-adjusted retail and food services sales, providing a gauge of consumer spending and confidence in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a critical indicator of economic health, as consumer spending drives the majority of economic activity. The seasonally adjusted data helps analysts and policymakers identify underlying trends in consumer behavior.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the raw retail sales data and applies seasonal adjustments to remove typical monthly and annual variations.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform decisions on monetary policy, interest rates, and other measures that impact the consumer sector.
Q: Are there update delays or limitations?
A: The retail sales data is released on a monthly basis, with a typical 2-week delay from the end of the reporting period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BFSBF4QTOTALSAVA), retrieved from FRED.