Private Nonfarm Residential Buildings for United States
Monthly
M0279BUSM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,153.00
Year-over-Year Change
9.57%
Date Range
1/1/1946 - 12/1/1963
Summary
The 'Monthly' economic trend measures the total value of monthly retail and food services sales in the United States. This indicator provides insight into consumer spending patterns and overall 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' series tracks the total dollar value of retail and food service sales transactions on a monthly basis. It serves as a key indicator of consumer demand and the health of the broader U.S. economy.
Methodology
The data is collected through surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to assess the momentum of consumer spending.
Key Facts
- Retail and food service sales account for nearly 50% of total U.S. consumer spending.
- The 'Monthly' series is released around the 15th of each month by the U.S. Census Bureau.
- Consumer spending makes up over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total value of retail and food service sales transactions in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insight into consumer spending patterns, which is a key driver of overall U.S. economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the 'Monthly' retail sales trend to assess the strength of consumer demand and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The 'Monthly' retail sales data is typically released around the 15th of each month, providing timely insight into the prior month's consumer spending.
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Citation
U.S. Federal Reserve, Monthly (M0279BUSM398NNBR), retrieved from FRED.