Sales: Retail Trade: Total Retail Trade: Value for Colombia
Quarterly, Seasonally Adjusted
COLSLRTTO02IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.55
Year-over-Year Change
18.20%
Date Range
1/1/1999 - 10/1/2018
Summary
The Quarterly, Seasonally Adjusted series measures the inflation-adjusted sales of retail trade organizations. This key economic indicator provides insights into consumer spending patterns and overall 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
This series represents the monthly sales volume, adjusted for seasonal variations and inflation, of retail trade organizations in the United States. It is a widely followed metric that offers valuable insights into consumer demand and the broader state of the economy.
Methodology
The data is collected through surveys of retail businesses and calculated using statistical methods to account for seasonal fluctuations.
Historical Context
Retail sales figures are closely monitored by policymakers, analysts, and businesses to gauge consumer confidence and inform economic decision-making.
Key Facts
- Retail sales account for over 40% of total consumer spending in the U.S.
- The series is published monthly by the U.S. Census Bureau.
- Retail sales have historically been a reliable predictor of broader economic trends.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the inflation-adjusted sales volume of retail trade organizations in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures provide valuable insights into consumer spending patterns and serve as a key indicator of overall economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and adjusted for seasonal variations using statistical methods.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by policymakers, economists, and businesses to inform decision-making and gauge the state of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (COLSLRTTO02IXOBSAQ), retrieved from FRED.