Manufacturers' Inventories, Goods in Process for United States
Billions of Dollars, Monthly, Seasonally Adjusted
M0511BUSM027SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.41
Year-over-Year Change
7.38%
Date Range
1/1/1953 - 9/1/1968
Summary
This economic trend measures the total value of monthly retail and food services sales in the United States, adjusted for seasonal variations. It 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
The Billions of Dollars, Monthly, Seasonally Adjusted trend represents the total dollar volume of retail and food service sales, including e-commerce and brick-and-mortar stores. It is a widely tracked metric used by economists and policymakers to gauge the strength of consumer demand and overall economic health.
Methodology
The data is collected through surveys of retail and food service establishments and adjusted for seasonal factors.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail and food service sales account for nearly 70% of U.S. economic activity.
- Consumer spending has risen by over 50% in the past two decades.
- E-commerce now makes up over 15% of total retail sales in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of monthly retail and food services sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Billions of Dollars, Monthly, Seasonally Adjusted trend is a key indicator of consumer spending and economic activity, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service establishments and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of a few weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Billions of Dollars, Monthly, Seasonally Adjusted (M0511BUSM027SNBR), retrieved from FRED.