Total Revenue for General Freight Trucking, Establishments Subject to Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV4841TMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69,562.00
Year-over-Year Change
-10.13%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total value of retail sales in the United States, adjusted for seasonal variations. It is a key indicator of consumer spending and a vital data point for economists and policymakers.
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 Retail Sales metric tracks the total dollar value of merchandise sold by retailers, providing insight into the strength of consumer demand. This data is closely monitored as it reflects the overall health of the economy and consumer confidence.
Methodology
The U.S. Census Bureau collects retail sales data from a sample of businesses and calculates the seasonally adjusted total.
Historical Context
Retail sales figures are used by the Federal Reserve and other policymakers to gauge economic conditions and inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has risen by over 50% in the last two decades.
- The retail industry employs over 15 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales metric tracks the total dollar value of merchandise sold by retailers in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a vital indicator of consumer spending and the overall health of the economy, making it closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data from a sample of businesses and calculates the seasonally adjusted total.
Q: How is this trend used in economic policy?
A: Retail sales figures are used by the Federal Reserve and other policymakers to gauge economic conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is published monthly by the U.S. Census Bureau, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV4841TMSA), retrieved from FRED.