Infra-Annual Labor Statistics: Inactivity Rate Total: From 55 to 64 Years for Austria
Annual, Seasonally Adjusted
LRIN55TTATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.90
Year-over-Year Change
-31.53%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' economic trend measures the total value of U.S. retail and food services sales. 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 tracks the total dollar value of retail and food service sales in the United States on an annual, seasonally adjusted basis. It is a widely followed indicator of consumer demand and a barometer for the overall health of the economy.
Methodology
The U.S. Census Bureau collects and aggregates data from thousands of retail and food service establishments to calculate this monthly, seasonally adjusted statistic.
Historical Context
Policymakers and analysts monitor this trend to assess consumer confidence and make informed decisions about economic policy.
Key Facts
- U.S. retail sales totaled over $6.5 trillion in 2022.
- Retail sales grew by 3.2% year-over-year in January 2023.
- E-commerce accounted for 14.5% of total U.S. retail sales in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the total value of retail and food service sales across the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending and economic activity, providing important insights for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects sales data from thousands of retail and food service establishments to calculate this monthly, seasonally adjusted statistic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-3 week delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN55TTATA156S), retrieved from FRED.