Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal
Monthly
PRTSARTMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.23
Year-over-Year Change
0.33%
Date Range
1/1/1990 - 3/1/2024
Summary
The 'Monthly' economic trend measures the total retail sales, adjusted for seasonal variations, in the United States. It serves as a key indicator of consumer spending and overall 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 'Monthly' trend represents total monthly retail and food service sales, which are seasonally adjusted to account for typical variations throughout the year. Economists closely monitor this data to gauge the strength of consumer demand and the health of the broader economy.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of a sample of retail and food service businesses.
Historical Context
Policymakers and analysts use the 'Monthly' trend to inform decisions and assessments related to monetary policy, consumer confidence, and economic growth.
Key Facts
- Retail sales account for about 30% of total US consumer spending.
- The 'Monthly' trend has shown steady growth since the 2008-2009 recession.
- Fluctuations in the 'Monthly' trend can signal changes in inflation and interest rates.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total retail and food service sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The 'Monthly' trend is a key indicator of consumer spending and overall economic activity, making it crucial for policymakers, economists, and investors to monitor.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of a sample of retail and food service businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the 'Monthly' trend to inform decisions and assessments related to monetary policy, consumer confidence, and economic growth.
Q: Are there update delays or limitations?
A: The 'Monthly' trend data is published with a typical delay of around two weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Monthly (PRTSARTMISMEI), retrieved from FRED.