Total Revenue for General Freight Trucking, Long-Distance, Establishments Subject to Federal Income Tax
Percent Change
REV48412TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.70
Year-over-Year Change
-175.51%
Date Range
4/1/2009 - 1/1/2025
Summary
The Percent Change economic trend measures the quarterly change in U.S. retail sales revenue. It is 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 quarterly percent change metric tracks the fluctuation in overall retail sales revenue compared to the previous quarter. It is a widely-monitored gauge of consumer demand and confidence within the broader economy.
Methodology
The data is collected through surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales trends are closely watched by policymakers, economists, and investors to assess the health of consumer spending.
Key Facts
- Retail sales account for about 30% of total U.S. economic activity.
- Consumer spending drives over two-thirds of U.S. GDP.
- The Percent Change metric is released quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Percent Change metric tracks the quarterly change in total U.S. retail sales revenue compared to the previous quarter.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer demand and confidence, making this metric closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales trends help inform monetary and fiscal policy decisions, as consumer spending is a major driver of overall economic activity.
Q: Are there update delays or limitations?
A: The Percent Change metric is released quarterly with a delay of approximately two months after the end of the reporting period.
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Citation
U.S. Federal Reserve, Percent Change (REV48412TAXABL157QNSA), retrieved from FRED.