Federal Government; Life Insurance Reserves; Liability, Level
Annual
FGLIRIA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56,507.00
Year-over-Year Change
12.44%
Date Range
1/1/1945 - 1/1/2024
Summary
The Annual trend measures the percent change in retail sales of furniture and home furnishings stores in the United States. It is a key indicator of consumer spending and confidence in the home goods sector.
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 Annual trend tracks the year-over-year percent change in revenue for furniture and home furnishings retail stores. It provides insights into consumer demand and sentiment regarding household products and home improvements.
Methodology
The data is collected through monthly surveys of U.S. retail establishments.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the health of the housing and consumer markets.
Key Facts
- Furniture and home furnishings stores account for over $100 billion in annual U.S. retail sales.
- Consumer spending on household goods is a leading indicator of broader economic conditions.
- The Annual trend helps identify turning points in the housing market and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in retail sales for furniture and home furnishings stores in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides valuable insights into consumer demand and sentiment in the housing and home goods sectors, which are key indicators of broader economic health.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. retail establishments by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor the Annual trend to gauge the strength of the housing market and consumer spending, which inform policy decisions.
Q: Are there update delays or limitations?
A: The Annual trend data is released on a monthly basis with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Annual (FGLIRIA027N), retrieved from FRED.