Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in the District of Columbia
Annual, Not Seasonally Adjusted
DCRETAILQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.26
Year-over-Year Change
33.41%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted retail sales trend measures changes in total retail and food services sales in the United States. It provides a snapshot of consumer spending patterns, a key indicator of 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 economic indicator tracks the dollar value of sales by U.S. retail and food service establishments. It is a widely followed metric that helps analysts and policymakers assess the overall strength of consumer demand and the broader economy.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely watched by the Federal Reserve and other government agencies as they help inform economic and monetary policy decisions.
Key Facts
- Annual retail sales reached over $6.5 trillion in 2022.
- Consumer spending accounts for nearly 70% of U.S. GDP.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted retail sales trend measures the total dollar value of sales by U.S. retail and food service establishments.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and overall economic health, making it highly relevant for analysts, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other government agencies as they help inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a short lag time between the reference period and publication.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (DCRETAILQGSP), retrieved from FRED.