Retail Sales: Pharmacies and Drug Stores
Millions of Dollars, Seasonally Adjusted
MRTSSM44611USS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,872.00
Year-over-Year Change
11.10%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures retail sales at U.S. motor vehicle and parts dealers, providing insight into consumer demand 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 'Millions of Dollars, Seasonally Adjusted' retail sales trend tracks monthly sales volumes for the motor vehicle and parts industry, a key sector that reflects broader consumer spending patterns.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and investors to gauge the health of the U.S. economy.
Key Facts
- Motor vehicle sales account for over 20% of total U.S. retail sales.
- Seasonally adjusted data removes predictable variations like holidays and weather.
- The automotive industry is a major driver of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total sales volumes at U.S. motor vehicle and parts dealers, providing insight into consumer demand and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Motor vehicle sales are a key component of overall consumer spending, making this metric a valuable indicator of the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors closely monitor this metric to gauge the strength of consumer demand and broader economic conditions, which informs decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 2-week delay from the end of the reference period.
Related Trends
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Advance Retail Sales: Retail Trade and Food Services
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MRTSIR44000USS
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MRTSSM4441USS
Retail Sales: Clothing and Clothing Accessory Stores
MRTSSM448USN
Retail Inventories/Sales Ratio: Motor Vehicle and Parts Dealers
MRTSIR441USS
Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (MRTSSM44611USS), retrieved from FRED.