Retail Sales: Men's Clothing Stores
Millions of Dollars, Not Seasonally Adjusted
MRTSSM44811USN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682.00
Year-over-Year Change
7.57%
Date Range
1/1/1992 - 4/1/2021
Summary
This economic trend measures retail sales in the U.S. motor vehicle and parts dealers industry. 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 Millions of Dollars, Not Seasonally Adjusted series tracks the total value of retail sales for motor vehicle and parts dealers in the United States. This metric provides insight into consumer demand and the overall health of the automotive industry.
Methodology
The data is collected through monthly surveys of retail businesses.
Historical Context
Policymakers and analysts use this trend to assess consumer confidence and make informed decisions.
Key Facts
- Retail sales for motor vehicles and parts reached a record high of $131.8 billion in March 2022.
- The industry experienced a 16.8% year-over-year increase in sales in April 2022.
- Motor vehicle and parts dealers account for nearly one-fifth of total U.S. retail sales.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total retail sales value for the motor vehicle and parts dealers industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer demand and spending patterns, which are crucial for assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge consumer confidence and make informed decisions about economic policy and market interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely information to users.
Related Trends
Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (MRTSSM44811USN), retrieved from FRED.