SNAP Benefits Recipients in Washington
Annual
BR53000WAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
903,000.00
Year-over-Year Change
-12.63%
Date Range
1/1/1989 - 1/1/2022
Summary
The Annual trend measures the annual change in the value of total manufacturing and trade sales in the United States. It is a key indicator of overall economic activity and consumer demand.
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 Annual trend tracks the year-over-year percentage change in total manufacturing and trade sales, which includes wholesale, retail, and manufacturing sectors. It provides insights into the strength and direction of the U.S. economy and consumer spending patterns.
Methodology
The data is collected through monthly surveys of businesses across the manufacturing, wholesale, and retail trade sectors.
Historical Context
Policymakers and analysts use this metric to assess the health of the broader economy and consumer market conditions.
Key Facts
- Annual sales growth reached a high of 16.4% in 2021.
- Manufacturing and trade sales account for over $6 trillion in annual economic activity.
- The metric is a leading indicator of broader economic trends and business cycles.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in total manufacturing and trade sales, providing insights into consumer demand and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of the health and direction of the U.S. economy, helping policymakers and analysts assess consumer spending patterns and business conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses across the manufacturing, wholesale, and retail trade sectors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the strength of consumer demand and overall economic growth, informing policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay in reporting.
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Citation
U.S. Federal Reserve, Annual (BR53000WAA647NCEN), retrieved from FRED.