Real Gross Domestic Product: Retail Trade (44-45) in Montana
Quarterly, Seasonally Adjusted Annual Rate
MTRETAILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,299.00
Year-over-Year Change
23.36%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate measures the annualized change in U.S. retail sales, 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
This metric provides a standardized way to track the quarterly growth in retail sales, adjusting for seasonal variations. It is closely watched by economists and policymakers to gauge the health of the consumer sector.
Methodology
The data is collected by the U.S. Census Bureau through monthly retail sales surveys.
Historical Context
Retail sales are a leading indicator of economic performance, influencing market and policy decisions.
Key Facts
- Retail sales account for about 40% of total U.S. consumer spending.
- Quarterly retail growth averaged 5.6% per year from 2010-2020.
- The record high for quarterly retail growth was 49.3% in Q3 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate measures the annualized change in U.S. retail sales, providing a standardized way to track quarterly growth in consumer spending.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of economic health and consumer confidence, influencing market and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the underlying retail sales data through monthly surveys.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor retail sales growth to gauge the strength of consumer demand and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MTRETAILRQGSP), retrieved from FRED.