SNAP Benefits Recipients in Iowa
Monthly
BRIA19M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,826.00
Year-over-Year Change
-5.10%
Date Range
1/1/1981 - 6/1/2023
Summary
The Monthly Retail and Food Services Sales indicator measures total sales at retail and food service establishments in the United States. It is a key economic indicator for gauging consumer spending and 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 Monthly Retail and Food Services Sales indicator provides a comprehensive overview of consumer purchasing behavior across a wide range of retail and service sectors. It is closely watched by economists, policymakers, and analysts to assess the health of the U.S. economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses across the country.
Historical Context
This indicator is used to inform economic policy decisions and provide insight into consumer confidence and spending patterns.
Key Facts
- Retail and food services sales account for nearly 50% of total consumer spending in the U.S.
- The monthly indicator is released around the 15th of each month, covering the previous month's data.
- Sales figures are adjusted for seasonal variations and holidays to provide a more accurate representation of underlying trends.
FAQs
Q: What does this economic trend measure?
A: The Monthly Retail and Food Services Sales indicator measures total sales at retail and food service establishments across the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric for assessing consumer spending and demand, which are crucial drivers of economic growth and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses across the country.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, economists, and analysts to inform economic policy decisions and provide insight into consumer confidence and spending patterns.
Q: Are there update delays or limitations?
A: The monthly indicator is released around the 15th of each month, covering the previous month's data.
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Citation
U.S. Federal Reserve, Monthly Retail and Food Services Sales (BRIA19M647NCEN), retrieved from FRED.