SNAP Benefits Recipients in Arkansas
Monthly
BRAR05M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
268,981.00
Year-over-Year Change
40.85%
Date Range
1/1/1981 - 6/1/2023
Summary
The Monthly trend measures the percent change in U.S. retail and food services sales on a monthly basis. It is a key indicator of 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
The Monthly trend tracks the total value of sales by U.S. retailers, including both durable and non-durable goods. It is a vital metric for economists and policymakers to assess the health of the consumer sector and broader economy.
Methodology
The data is collected through monthly surveys of retail and food service establishments.
Historical Context
The Monthly trend is closely watched by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The Monthly trend is reported by the U.S. Census Bureau.
- Retail sales account for about 30% of total U.S. economic activity.
- Consumer spending drives over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the monthly percent change in U.S. retail and food services sales, which is a key indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend is a vital economic indicator that provides insight into the health of the consumer sector and broader U.S. economy. It is closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Monthly trend is used by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions, as consumer spending is a major driver of economic activity.
Q: Are there update delays or limitations?
A: The Monthly trend data is published by the U.S. Census Bureau with a typical delay of 1-2 months. There may be revisions to earlier monthly estimates as more complete data becomes available.
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Citation
U.S. Federal Reserve, Monthly (BRAR05M647NCEN), retrieved from FRED.