Sales: Retail trade: Total retail trade: Volume for G7
G7SLRTTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.29
Year-over-Year Change
-405.72%
Date Range
1/1/1971 - 4/1/2025
Summary
This economic indicator measures the total volume of retail trade across the G7 group of advanced economies. It provides insight into consumer spending and economic conditions in major industrialized nations.
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 Retail Trade: Total Retail Trade: Volume for G7 series tracks the overall volume of retail sales transactions in the G7 countries, which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada. This aggregate indicator offers a high-level view of consumer demand and confidence across the world's largest advanced economies.
Methodology
The data is collected and aggregated by statistical agencies in each G7 member country.
Historical Context
Policymakers and analysts monitor this trend to assess the health of consumer markets and make informed decisions.
Key Facts
- The G7 economies account for over 30% of global GDP.
- Retail trade is a key driver of economic growth in advanced economies.
- The indicator tracks sales in both goods and services across the G7.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of retail trade transactions across the G7 group of advanced economies, providing insight into consumer spending and demand.
Q: Why is this trend relevant for users or analysts?
A: The G7 retail trade volume is a valuable high-level indicator of consumer confidence and economic conditions in the world's major industrialized nations.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by statistical agencies in each G7 member country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the health of consumer markets and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the need to aggregate information across multiple national statistical agencies.
Related Trends
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for G7
G7B6FATT01CXCUQ
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Females for G7
G7LFHUADFESTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for G7
G7CP010000GYM
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for G7
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Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MASTQ
Citation
U.S. Federal Reserve, Sales: Retail trade: Total retail trade: Volume for G7 (G7SLRTTO01GYSAM), retrieved from FRED.