Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Turkiye
Annual, Seasonally Adjusted
LRACTTTTTRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.15
Year-over-Year Change
9.67%
Date Range
1/1/2006 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures total real retail sales in the United States, providing insights into consumer spending behavior and broader economic trends.
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 tracks the total value of retail sales, adjusted for seasonal variations and inflation, offering a comprehensive view of consumer purchasing activity across the economy. It is a key indicator used by economists, policymakers, and market analysts to gauge the health and direction of the U.S. consumer market.
Methodology
The data is collected through monthly surveys of retail establishments and calculated by the U.S. Census Bureau.
Historical Context
The Annual, Seasonally Adjusted retail sales trend is closely monitored for its implications on economic growth, inflation, and monetary policy decisions.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- The retail sales trend is a leading indicator of overall economic activity.
- Fluctuations in retail sales can signal changes in consumer confidence and purchasing power.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted retail sales series measures the total value of consumer purchases at retail establishments in the United States, 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, providing insights into broader trends in consumer behavior, confidence, and purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by policymakers, economists, and market analysts to gauge the state of the consumer economy and inform decisions on monetary policy, interest rates, and other economic measures.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted retail sales data is released monthly by the U.S. Census Bureau, with a typical delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRACTTTTTRA156S), retrieved from FRED.