Seasonally Adjusted
PBF8QSAME • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
440.00
Year-over-Year Change
14.88%
Date Range
7/1/2004 - 10/1/2019
Summary
The Seasonally Adjusted series measures the change in retail sales after adjusting for typical seasonal variation, providing a clearer picture of underlying economic trends.
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
Seasonally Adjusted retail sales data removes the impact of predictable seasonal patterns like holidays and weather, allowing analysts to better assess consumer spending and economic conditions.
Methodology
The U.S. Census Bureau applies statistical models to the raw retail sales data to remove seasonal factors.
Historical Context
Policymakers and economists closely monitor Seasonally Adjusted retail sales to gauge consumer confidence and inform economic policy decisions.
Key Facts
- Seasonally Adjusted data is published monthly by the U.S. Census Bureau.
- It covers a broad range of retail and food service establishments.
- Retail sales account for nearly 30% of total U.S. consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted retail sales series measures changes in total retail and food service sales after accounting for typical seasonal variation.
Q: Why is this trend relevant for users or analysts?
A: Seasonally Adjusted retail sales data provides a clearer picture of underlying consumer spending patterns, which is a key indicator of economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau applies statistical models to the raw retail sales data to remove the effects of seasonal factors like holidays and weather.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor Seasonally Adjusted retail sales to assess consumer demand and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted retail sales data is published monthly with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (PBF8QSAME), retrieved from FRED.