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Millions of Dollars, Monthly Rate

DTBOVRXDFBANM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.86

Year-over-Year Change

-92.60%

Date Range

7/1/1980 - 5/1/2025

Summary

This economic trend measures the total value of retail sales in the United States on a monthly basis. It is a key indicator of consumer spending and an important gauge of the overall health of the economy.

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 Millions of Dollars, Monthly Rate series tracks the total dollar value of retail and food service sales in the U.S. It provides a broad measure of consumer demand and is closely watched by economists, policymakers, and market analysts.

Methodology

The data is collected through monthly surveys of retail and food service businesses across the country.

Historical Context

This metric is used to inform monetary and fiscal policy decisions, as well as to analyze consumer sentiment and expectations.

Key Facts

  • Retail sales account for nearly 70% of U.S. economic activity.
  • Consumer spending has risen steadily since the 2008 financial crisis.
  • Robust retail sales often signal a healthy, growing economy.

FAQs

Q: What does this economic trend measure?

A: The Millions of Dollars, Monthly Rate series tracks the total dollar 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 metric is a key indicator of consumer spending and the overall health of the economy, making it essential for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of retail and food service businesses across the country.

Q: How is this trend used in economic policy?

A: This metric is used to inform monetary and fiscal policy decisions, as well as to analyze consumer sentiment and expectations.

Q: Are there update delays or limitations?

A: The data is released by the U.S. Census Bureau on a monthly basis, with a typical delay of around two weeks.

Related Trends

Citation

U.S. Federal Reserve, Millions of Dollars, Monthly Rate (DTBOVRXDFBANM), retrieved from FRED.