Sales: Retail trade: Car registration: Passenger cars for G7
Growth rate same period previous year, Monthly
G7SLRTCR03GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.75
Year-over-Year Change
-49.24%
Date Range
4/1/1969 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of retail sales in the United States on a monthly basis. It 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
The Growth rate same period previous year, Monthly metric tracks the percentage change in retail sales compared to the same month in the previous year. It provides insights into the strength and direction of consumer demand, which is a crucial driver of overall economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service businesses.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the health of the U.S. economy and consumer sentiment.
Key Facts
- Retail sales account for about 30% of overall consumer spending in the U.S.
- The growth rate reached a low of -22.4% in April 2020 due to the COVID-19 pandemic.
- Consumer spending is responsible for approximately 70% of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of retail sales in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and direction of consumer demand, which is a crucial driver of overall economic growth in the U.S.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service businesses.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, analysts, and investors to assess the health of the U.S. economy and consumer sentiment, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical release delay of around two weeks.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for G7
G7NAEXKP04GYSAQ
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTGPQ
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for G7
G7LFAC25TTSTQ
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for G7
G7LFAC25MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for G7
G7LFIN64MASTQ
Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for G7
G7LFWA55MASTQ
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (G7SLRTCR03GYSAM), retrieved from FRED.