Daily

This dataset tracks daily over time.

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

2/1/1996 - 7/31/2022

Summary

The 'Daily' economic trend, as measured by the BRARECD series ID, tracks the daily retail sales activity in the United States. This metric is a valuable indicator of real-time consumer demand and economic health.

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 'Daily' trend represents daily retail sales data, which provides a near real-time signal on the strength of consumer spending and overall economic activity. It is closely monitored by economists, policymakers, and market analysts to gain insights into current economic conditions.

Methodology

The data is collected and aggregated from point-of-sale transactions across a sample of U.S. retail businesses.

Historical Context

The 'Daily' retail sales trend is used to inform macroeconomic policy decisions and market expectations.

Key Facts

  • The 'Daily' trend provides the most up-to-date snapshot of retail sales activity.
  • Retail sales account for about 30% of total U.S. economic output.
  • Daily retail data helps policymakers monitor the health of the consumer sector.

FAQs

Q: What does this economic trend measure?

A: The 'Daily' trend measures real-time retail sales activity across the United States, providing a near real-time signal on consumer spending and economic conditions.

Q: Why is this trend relevant for users or analysts?

A: The 'Daily' retail sales trend is a crucial indicator for economists, policymakers, and market participants to assess the strength of consumer demand and overall economic health.

Q: How is this data collected or calculated?

A: The data is collected and aggregated from point-of-sale transactions across a sample of U.S. retail businesses.

Q: How is this trend used in economic policy?

A: The 'Daily' retail sales trend is used by policymakers and central banks to inform macroeconomic policy decisions and monitor the health of the consumer sector.

Q: Are there update delays or limitations?

A: The 'Daily' retail sales data is provided with minimal delay, offering a near real-time snapshot of consumer activity. However, the data may be subject to revisions as more complete information becomes available.

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Related Trends

Citation

U.S. Federal Reserve, Daily (BRARECD), retrieved from FRED.
Economic Data: Daily