Retail Sales: Floor Covering Stores
Percent Change from Preceding Period
MRTSMPCSM44221USN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
6.25%
Date Range
2/1/1992 - 2/1/2017
Summary
The Percent Change from Preceding Period tracks the month-over-month change in retail sales for the U.S. economy. This metric is a key indicator of consumer spending and economic growth.
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
This series measures the percentage change in total retail sales from the previous month. It is a widely followed economic indicator that provides insights into consumer demand and the overall health of the retail sector.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the strength of consumer spending and make informed decisions about monetary and fiscal policies.
Key Facts
- Retail sales account for nearly 30% of total U.S. economic activity.
- Consumer spending drives over two-thirds of the U.S. GDP.
- The retail sector employs over 15 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from Preceding Period measures the month-over-month change in total retail sales for the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer demand and the overall health of the retail sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of consumer spending and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Percent Change from Preceding Period (MRTSMPCSM44221USN), retrieved from FRED.