Inactivity Rate: Aged 15-24: All Persons for the Euro Area (19 Countries)
Annual, Seasonally Adjusted
LRIN24TTEZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.63
Year-over-Year Change
0.96%
Date Range
1/1/2005 - 1/1/2022
Summary
The Annual, Seasonally Adjusted economic trend measures inflation-adjusted retail sales in the U.S. It is a key indicator of consumer spending and overall 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 tracks the monthly change in total retail sales, adjusted for seasonal variations and inflation. It provides insights into consumer demand and spending patterns that are crucial for economic analysis and policymaking.
Methodology
The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other policymakers to gauge the health of the consumer economy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending drives over two-thirds of GDP growth.
- Robust retail sales signal a strong consumer economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures changes in total retail sales in the U.S., adjusted for seasonal variations and inflation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and overall economic activity, providing crucial insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other policymakers to gauge the health of the consumer economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN24TTEZA156S), retrieved from FRED.