Real Manufacturing and Trade Industries Sales
Millions of Chained 2017 Dollars, Monthly
CMRMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,562,061.00
Year-over-Year Change
3.34%
Date Range
1/1/1997 - 5/1/2025
Summary
The 'Millions of Chained 2017 Dollars, Monthly' trend measures real personal consumption expenditures, a key indicator of economic activity and consumer 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
This economic series tracks the total value of goods and services purchased by U.S. households, adjusted for inflation to provide a real, volume-based measure of consumer spending.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the health of the U.S. economy.
Key Facts
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- This series uses chained 2017 dollars to adjust for inflation.
- Monthly data is released with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total real dollar value of goods and services purchased by U.S. households, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: Consumer spending is a critical driver of economic growth, so this metric provides important insight into the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to gauge consumer demand and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The monthly data is released with a 1-month lag, and the series uses chained 2017 dollars to adjust for inflation.
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Citation
U.S. Federal Reserve, Millions of Chained 2017 Dollars, Monthly (CMRMT), retrieved from FRED.