Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for Hungary
Annual, Not Seasonally Adjusted
LRIN24TTHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.98
Year-over-Year Change
-8.54%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the level of retail sales in the United States. 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 retail and food services sales, excluding motor vehicles and parts. It is a widely watched gauge of consumer demand and a vital input for economic analysis and forecasting.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retail establishments.
Historical Context
Retail sales figures are closely monitored by policymakers, analysts, and investors to assess the health of the U.S. economy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The retail sector employs over 15 million workers in the United States.
- E-commerce sales now make up over 13% of total retail sales.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail and food services sales in the United States, excluding motor vehicles and parts.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and overall economic activity, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail establishments across the country.
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 health of the U.S. economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a typical delay of around two weeks from the end of the reference period.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary
CPGREN01HUA659N
Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for Hungary
CP0400HUM086NEST
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Hungary
LMJVTTUVHUM647S
Outstanding Total International Debt Securities to GDP for Hungary
DDDM07HUA156NWDB
Number of Bank Accounts for Hungary
DDAI01HUA642NWDB
Liquid Liabilities to GDP for Hungary
DDDI05HUA156NWDB
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRIN24TTHUA156N), retrieved from FRED.