Sales: Retail trade: Car registration: Total for Ireland
Number, Seasonally Adjusted
IRLSLRTCR01MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,397.15
Year-over-Year Change
-5.55%
Date Range
1/1/1960 - 9/1/2018
Summary
The 'Number, Seasonally Adjusted' metric tracks the volume of new retail sales in the U.S. This key economic indicator provides insights into consumer spending and 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
This series measures the total dollar value of retail sales, adjusted for seasonal variation. It is a leading indicator of economic activity, as consumer spending drives a significant portion of GDP. Economists and policymakers closely monitor retail sales data to assess the strength of the consumer sector.
Methodology
The U.S. Census Bureau collects and publishes this data monthly based on surveys of retail establishments.
Historical Context
Retail sales figures inform economic policy decisions and are closely watched by financial markets.
Key Facts
- Retail sales account for about 30% of total U.S. consumer spending.
- The retail sales metric excludes spending on services, such as healthcare and utilities.
- Strong retail sales growth is generally seen as a positive sign for the overall economy.
FAQs
Q: What does this economic trend measure?
A: The 'Number, Seasonally Adjusted' metric tracks the total dollar value of retail sales in the United States, adjusted to remove seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer spending and overall economic health. This data is closely watched by economists, policymakers, and financial markets to assess the strength of the consumer sector.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through monthly surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Retail sales figures inform decisions by the Federal Reserve and other policymakers regarding monetary policy, economic stimulus, and other measures aimed at supporting consumer spending and economic growth.
Q: Are there update delays or limitations?
A: The retail sales data is published monthly by the Census Bureau, with a typical delay of a few weeks between the end of the reporting period and the data release.
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Citation
U.S. Federal Reserve, Number, Seasonally Adjusted (IRLSLRTCR01MLSAM), retrieved from FRED.