Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for Hungary
Annual, Seasonally Adjusted
LRIN24MAHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.95
Year-over-Year Change
-9.92%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the percent change in the total value of retail and food services sales over a 12-month period. It provides insight into consumer spending, a key driver of economic growth.
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 indicator tracks the year-over-year change in total retail and food services sales, adjusted for seasonal variations. It is a closely watched metric used by economists and policymakers to gauge the health of the consumer sector and broader economy.
Methodology
The data is collected through surveys of retail and food services establishments and adjusted for seasonal factors.
Historical Context
Retail sales figures help inform monetary and fiscal policy decisions aimed at supporting economic stability and growth.
Key Facts
- Retail sales account for about 40% of total U.S. consumer spending.
- Annual retail sales growth averaged 4.1% from 2010-2019.
- E-commerce sales made up 14.3% of total retail sales in 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series tracks the year-over-year percent change in total retail and food services sales, providing insight into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and economic health, making this metric highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food services establishments and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: Retail sales figures help inform monetary and fiscal policy decisions aimed at supporting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN24MAHUA156S), retrieved from FRED.