SNAP Benefits Recipients in Louisiana
Monthly
BRLA22M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
892,048.00
Year-over-Year Change
12.71%
Date Range
1/1/1981 - 6/1/2023
Summary
The Monthly Retail Sales Index tracks changes in the total value of retail sales in the United States. 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 Retail Sales Index measures the total dollar value of merchandise sold by retailers. It is a widely watched economic indicator that provides insight into consumer demand and the health of the broader economy.
Methodology
The data is collected through monthly surveys of a sample of retail establishments.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and investors to assess consumer confidence and the direction of the economy.
Key Facts
- Retail sales account for about 30% of total consumer spending in the U.S.
- The index covers sales at stores, restaurants, and online retailers.
- Retail sales data is released around the 15th of each month.
FAQs
Q: What does this economic trend measure?
A: The Monthly Retail Sales Index tracks the total value of retail sales across the United States, providing a timely indicator of consumer demand and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a critical component of the broader economy, and changes in this index can provide valuable insights into consumer spending patterns and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and investors to assess consumer confidence and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Monthly Retail Sales Index is released around the 15th of each month, providing timely data on consumer spending trends.
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Citation
U.S. Federal Reserve, Monthly Retail Sales (BRLA22M647NCEN), retrieved from FRED.