Orders: Manufacturing: Total Orders: Value for Canada
Annual, Seasonally Adjusted
ODMNTO02CAA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,290,282,000.00
Year-over-Year Change
63.75%
Date Range
1/1/1960 - 1/1/2022
Summary
The Annual, Seasonally Adjusted trend measures the total value of retail sales, a key indicator of consumer spending and economic activity. This metric is widely tracked by economists, policymakers, and investors to gauge the health of the U.S. economy.
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 monthly series from the U.S. Census Bureau tracks the total dollar value of retail and food service sales, adjusted for seasonal variations. It provides a comprehensive snapshot of consumer purchasing behavior and can signal broader trends in consumer confidence, employment, and GDP.
Methodology
The data is collected through monthly surveys of retail and food service establishments.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. GDP.
- Consumer spending has been a key driver of economic growth in recent years.
- Monthly retail sales data is published around the 15th of each month.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total value of retail sales, providing a comprehensive snapshot of consumer purchasing behavior in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a crucial indicator of consumer spending and economic activity, closely watched by economists, policymakers, and investors to gauge the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions that can impact consumer spending, inflation, and overall economic growth.
Q: Are there update delays or limitations?
A: The retail sales data is published around the 15th of each month, providing a timely indicator of consumer behavior.
Related Trends
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Canada
CPGRLE01CAM657N
Gross Domestic Product for Canada
MKTGDPCAA646NWDB
International Merchandise Trade Statistics: Exports: Commodities for Canada
XTEXVA01CAA664S
Production: Industry: Total Industry Excluding Construction for Canada
CANPRINTO01MLSAM
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Canada
CANCP050000IXNBQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Canada
CANCPICORMINMEI
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (ODMNTO02CAA189S), retrieved from FRED.