Quarterly, Seasonally Adjusted
LRINTTFEO1Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.10
Year-over-Year Change
-1.23%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly, Seasonally Adjusted series measures the inflation-adjusted retail sales of food and beverage stores in the United States. It serves as 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 economic indicator tracks the monthly sales volume of food and beverage stores, adjusted for seasonal variations and inflation. It provides insights into consumer demand and the overall health of the retail sector.
Methodology
The data is collected through surveys of retail establishments and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess consumer confidence and the broader trajectory of the economy.
Key Facts
- Food and beverage store sales account for over 12% of total U.S. retail trade.
- This metric has shown steady growth since the 2008-2009 recession.
- Quarterly sales are subject to seasonal fluctuations, especially around holidays.
FAQs
Q: What does this economic trend measure?
A: This series measures the inflation-adjusted retail sales of food and beverage stores in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending patterns and the overall health of the retail sector, which is a key driver of economic growth.
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: Policymakers and analysts use this metric to assess consumer confidence and the broader trajectory of the economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRINTTFEO1Q156S), retrieved from FRED.