Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Norway
Quarterly, Seasonally Adjusted
LFEAICTTNOQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
508,708.60
Year-over-Year Change
-8.16%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic indicator measures quarterly, seasonally adjusted inflation-adjusted retail sales, providing insight into consumer spending trends and the overall health of the U.S. 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
Retail sales are a key indicator of consumer demand and economic activity. This seasonally adjusted, inflation-adjusted data allows for analysis of real consumer purchasing power over time.
Methodology
Data is collected through monthly surveys of retail and food service firms.
Historical Context
Retail sales trends are closely watched by policymakers, economists, and investors.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Seasonally adjusted data controls for predictable holiday and weather-related fluctuations.
- Inflation-adjusted figures provide a real-terms view of consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This indicator measures quarterly, seasonally adjusted retail sales in the U.S., adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer demand and the overall health of the economy, making this data highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms across the U.S.
Q: How is this trend used in economic policy?
A: Retail sales trends are closely monitored by the Federal Reserve and other policymakers to assess consumer spending, inflation, and the broader economic climate.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay to allow for comprehensive data collection.
Related Trends
Harmonized Index of Consumer Prices: Major Durables for Indoor and Outdoor Recreation Including Musical Instruments for Norway
CP0921NOM086NEST
Harmonized Index of Consumer Prices: Restaurants and Hotels for Norway
CP1100NOM086NEST
International Trade: Imports: Value (Goods): Total for Norway
XTIMVA01NOQ188S
Infra-Annual Labor Statistics: Employees Total for Norway
LFESEETTNOA647N
Gross Portfolio Debt Liabilities to GDP for Norway
DDDM10NOA156NWDB
Credit to Private Non-Financial Sector by Domestic Banks, Adjusted for Breaks, for Norway
CRDQNOBPABIS
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAICTTNOQ647S), retrieved from FRED.