Sales: Retail trade: Total retail trade: Volume for G7
G7SLRTTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.07
Year-over-Year Change
-77.70%
Date Range
2/1/1970 - 4/1/2025
Summary
This economic trend measures total retail trade volume across the G7 countries, providing insights into 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 G7 Retail Trade Volume index tracks the overall volume of retail trade activities in the G7 major advanced economies, including the United States, Canada, United Kingdom, France, Germany, Italy, and Japan. This data is a key indicator for understanding consumer confidence and demand across these major global markets.
Methodology
The data is collected and calculated by national statistical agencies in each G7 country.
Historical Context
Retail trade volumes are closely watched by policymakers, investors, and economists to gauge the health of consumer economies.
Key Facts
- G7 retail trade volume index is a composite of the 7 major advanced economies.
- Retail trade accounts for a significant portion of GDP in G7 countries.
- Trends in G7 retail trade can signal shifts in consumer confidence and spending.
FAQs
Q: What does this economic trend measure?
A: The G7 Retail Trade Volume index measures the overall volume of retail trade activities across the 7 major advanced economies of the G7.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a key driver of economic growth, so the G7 Retail Trade Volume index provides valuable insights into consumer demand and confidence across these major global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by national statistical agencies in each G7 country.
Q: How is this trend used in economic policy?
A: Retail trade volumes are closely watched by policymakers, investors, and economists to gauge the health of consumer economies and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data may have some lag in reporting due to the need to aggregate information across multiple national statistical agencies.
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Citation
U.S. Federal Reserve, Sales: Retail trade: Total retail trade: Volume for G7 (G7SLRTTO01GPSAM), retrieved from FRED.