SNAP Benefits Recipients in Nebraska
Monthly
BRNE31M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156,801.00
Year-over-Year Change
1.45%
Date Range
1/1/1981 - 6/1/2023
Summary
The 'Monthly' economic trend measures the number of retail and food service sales in the United States on a monthly basis. This metric 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 and food service sales data provides a timely snapshot of consumer demand across the U.S. economy. It is closely watched by economists, policymakers, and market analysts to gauge the health of the broader economy.
Methodology
The data is collected through monthly surveys of a sample of retail and food service firms.
Historical Context
This economic indicator is used to inform monetary and fiscal policy decisions.
Key Facts
- Retail and food service sales account for nearly 50% of total consumer spending.
- The data is released around the 15th of each month, providing timely insights.
- Sales growth is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total value of retail and food service sales in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key gauge of consumer demand and spending, which drives a large portion of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail and food service firms across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to inform decisions on monetary and fiscal policy, as consumer spending is a critical component of economic growth.
Q: Are there update delays or limitations?
A: The data is released around the 15th of each month, providing timely insights, but may be subject to revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Monthly (BRNE31M647NCEN), retrieved from FRED.