Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Austria
Annual, Seasonally Adjusted
LRHU24MAATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.41
Year-over-Year Change
1.22%
Date Range
1/1/1994 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total value of U.S. retail and food services sales, adjusted for seasonal variations. This metric is a key indicator of consumer spending and economic activity.
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 represents the total dollar value of goods and services sold by U.S. retail and food service establishments. Economists and policymakers closely monitor this data to gauge the strength of consumer demand and overall economic conditions.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retail and food service businesses.
Historical Context
Retail sales figures inform economic forecasting, monetary policy decisions, and market analysis.
Key Facts
- U.S. retail and food services sales totaled over $7 trillion in 2022.
- The retail sector accounts for nearly 30% of total U.S. economic activity.
- Consumer spending drives approximately 70% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of retail and food service sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a critical indicator of consumer demand and overall economic health, informing decision-making by businesses, policymakers, and investors.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau conducts monthly surveys of retail and food service establishments to gather this 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 the economy and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly, with a slight delay as the Census Bureau compiles the information from surveyed businesses.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Austria
AUTCP040000GYM
Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Austria
CP0932ATM086NEST
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Austria
LREM74MAATA156N
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Austria
LFAC24TTATQ647N
Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Austria
LREM25MAATQ156S
Production: Manufacturing: Total Manufacturing for Austria
PRMNTO01ATA657S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHU24MAATA156S), retrieved from FRED.