Gross Domestic Product: Retail Trade (44-45) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DERETAILNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,662.40
Year-over-Year Change
21.30%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the total value of retail and food service sales in the United States on an annualized, seasonally adjusted 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
This series represents the total value of sales by retail and food service establishments, adjusted for seasonal variation and expressed as an annualized rate. It is a widely tracked economic indicator that provides insight into consumer demand and the overall health of the U.S. economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses and calculated to an annualized, seasonally adjusted rate.
Historical Context
Economists and policymakers closely monitor this indicator to assess consumer confidence and guide fiscal and monetary policy decisions.
Key Facts
- Retail and food service sales account for nearly 70% of U.S. economic activity.
- The series is reported monthly and revised for several years.
- Annual growth in this metric is a reliable predictor of overall GDP growth.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of retail and food service sales in the United States, adjusted for seasonal variation and expressed as an annualized rate.
Q: Why is this trend relevant for users or analysts?
A: As a key indicator of consumer spending and demand, this metric is closely watched by economists, policymakers, and market analysts to gauge the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses and calculated to an annualized, seasonally adjusted rate.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions use this indicator to assess consumer confidence and guide fiscal and monetary policy decisions that impact the broader economy.
Q: Are there update delays or limitations?
A: This series is reported monthly, with revisions made for several years to account for late-reporting businesses and updated seasonal adjustments.
Related Trends
Per Capita Personal Consumption Expenditures: Services: Recreation Services for Delaware
DEPCEPCSRECSRV
Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Delaware
EMISSCO2CCLICBDEA
Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for Delaware
EMISSCO2VCLEIBDEA
Real Gross Domestic Product: Real Estate (531) in Delaware
DEREALRGSP
Gross Domestic Product: Air Transportation (481) in Delaware
DEAIRTRANNGSP
All Employees: Service-Providing in Delaware
SMS10000000700000001
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DERETAILNQGSP), retrieved from FRED.