Reserves Held Minus Borrowings at Federal Reserve Banks, All Member Banks for United States
Millions of Dollars, Monthly, Not Seasonally Adjusted
M1423BUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,812.00
Year-over-Year Change
-8.80%
Date Range
1/1/1929 - 12/1/1941
Summary
This economic trend measures the total value of U.S. retail sales in millions of dollars on a monthly basis, without seasonal adjustments. It 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 Millions of Dollars, Monthly, Not Seasonally Adjusted trend tracks the total dollar value of retail and food service sales in the United States. It is a key indicator of consumer demand and broader economic conditions, as consumer spending accounts for a significant portion of the U.S. gross domestic product.
Methodology
The data is collected through monthly surveys of a sample of retail and food service firms.
Historical Context
Economists and policymakers monitor this trend to assess the health of the U.S. consumer sector and make informed decisions about fiscal and monetary policies.
Key Facts
- Retail sales account for approximately 70% of U.S. GDP.
- The trend reached a record high of $700.4 billion in November 2022.
- Consumer spending has been a key driver of the U.S. economic recovery from the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail and food service sales in the United States on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending patterns and the overall health of the U.S. economy, as consumer spending is a major driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail and food service firms.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the state of the consumer sector and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (M1423BUSM144NNBR), retrieved from FRED.