Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Nebraska
Annual, Not Seasonally Adjusted
NERETAILQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.30
Year-over-Year Change
33.34%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted retail sales measure tracks nominal consumer spending on a wide range of goods and services in the United States. This indicator is a key barometer of economic health and consumer confidence.
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 Annual, Not Seasonally Adjusted retail sales data is a comprehensive metric of retail trade activity, including sales from motor vehicle, furniture, electronics, and other major retail sectors. It provides insights into broader consumer spending trends that inform economic analysis and policymaking.
Methodology
The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by economists, investors, and policymakers to gauge the strength of consumer demand and overall economic conditions.
Key Facts
- Retail sales account for nearly 70% of US economic activity.
- The annual retail sales measure covers over 3 million retail establishments.
- Retail sales data is released monthly by the US Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted retail sales measure tracks nominal consumer spending on a wide range of goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a key indicator of economic health and consumer confidence, providing important insights for economists, investors, and policymakers.
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: Retail sales data is closely monitored by policymakers to gauge the strength of consumer demand and overall economic conditions, informing decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted retail sales data is released monthly by the Census Bureau, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NERETAILQGSP), retrieved from FRED.