Annual
LRINTTTTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
-0.25%
Date Range
1/1/2005 - 1/1/2016
Summary
The Annual trend measures total retail and food services sales in the United States on an annual basis. It provides a high-level snapshot of consumer spending, which is a key indicator of economic health and 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
The Annual trend tracks the total dollar value of retail and food service sales in the U.S. over a 12-month period. It offers a broad view of consumer purchasing power and confidence, which are important factors in assessing the overall strength of the economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses across the country.
Historical Context
Policymakers and analysts use this trend to monitor consumer demand and inform economic forecasting and decision-making.
Key Facts
- Annual retail sales reached $7.2 trillion in 2022.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Retail sales have grown by an average of 4.5% per year over the last decade.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total dollar value of retail and food service sales in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a high-level snapshot of consumer spending, which is a key indicator of economic health and activity. It offers insights into consumer purchasing power and confidence.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor consumer demand and inform economic forecasting and decision-making.
Q: Are there update delays or limitations?
A: The Annual retail sales data is released on a monthly basis, with a typical delay of around 6 weeks.
Related Trends
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for OECD
OECDPRINTO01IXOBSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for OECD
OECDLRAC55FESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD
OECDLFHUTTTTSTSAM
Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for OECD
OECDB6FAOI02CXCUQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for OECD
OECDLRAC25TTSTQ
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total
OECDCP010000GPM
Citation
U.S. Federal Reserve, Annual (LRINTTTTO1A156S), retrieved from FRED.