Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Austria
Monthly, Seasonally Adjusted
LCEAMN01ATM661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.26
Year-over-Year Change
-2.93%
Date Range
1/1/1955 - 12/1/2024
Summary
This economic trend measures the total value of U.S. retail and food service sales, adjusted for seasonal variations. It serves as a key indicator of consumer spending and economic health.
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 Monthly Retail Trade Survey collects data on the dollar value of sales from U.S. retail and food service establishments. The seasonally adjusted figure helps analysts identify underlying trends by removing predictable calendar-related fluctuations.
Methodology
The U.S. Census Bureau surveys a representative sample of retail and food service businesses to compile this monthly national-level data.
Historical Context
This consumer spending metric is closely watched by policymakers, economists, and market analysts to gauge the strength of the U.S. economy.
Key Facts
- Retail and food service sales account for nearly 30% of U.S. GDP.
- Sales have exceeded pre-pandemic levels since early 2021.
- E-commerce represents over 13% of total retail sales.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monthly sales revenue for U.S. retail and food service establishments, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer spending and economic health, making this data critical for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau surveys a representative sample of retail and food service businesses to compile this monthly national-level data.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other policymakers to assess the strength of consumer demand and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released approximately 15 days after the end of each month, with revisions issued in subsequent months.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LCEAMN01ATM661S), retrieved from FRED.