Number of New Private Nonfarm Housing Units Started, Three-Family and Over for United States
Monthly
M0203BUSM176NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.70
Year-over-Year Change
23.37%
Date Range
1/1/1959 - 12/1/1963
Summary
The Monthly Economic Trend measures the monthly business sales of retail and food service establishments in the United States. This indicator provides insights into 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
The Monthly Economic Trend tracks the total monthly sales for U.S. retail and food service businesses. It is a key economic indicator used to assess the strength of consumer demand and monitor broader economic conditions.
Methodology
The data is collected through monthly surveys of a sample of retail and food service businesses across the country.
Historical Context
This trend is closely watched by economists, policymakers, and market analysts to gauge the health of the U.S. consumer sector.
Key Facts
- The Monthly Economic Trend reached a record high in 2022.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Retail and food service sales make up approximately 40% of total consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Trend measures the total monthly sales of retail and food service establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending and economic activity, which are crucial indicators of the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail and food service businesses across the country.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts closely monitor this trend to gauge the strength of consumer demand and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The Monthly Economic Trend data is released with a slight delay, typically within a few weeks after the end of each month.
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Citation
U.S. Federal Reserve, Monthly (M0203BUSM176NNBR), retrieved from FRED.