Total Revenue for Software Publishers, Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV5112TAXABL157QSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
23.08%
Date Range
1/1/2004 - 1/1/2025
Summary
This trend measures the percent change in retail sales, a key indicator of consumer spending and economic activity. Monitoring retail sales is crucial for assessing 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
The Percent Change, Seasonally Adjusted metric tracks the month-over-month fluctuations in retail and food services sales, a critical component of gross domestic product (GDP). This timely data provides insights into consumer confidence and spending patterns.
Methodology
The U.S. Census Bureau collects and compiles this data through monthly surveys of a sample of retail and food services businesses.
Historical Context
Retail sales data is closely watched by policymakers, economists, and investors to gauge the strength of consumer demand and guide economic forecasts and decisions.
Key Facts
- Retail sales account for about 30% of overall consumer spending in the U.S.
- The data is released monthly by the U.S. Census Bureau.
- Retail sales have a significant impact on GDP growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in total retail and food services sales, providing insights into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer confidence and economic activity, helping policymakers, economists, and investors assess the health of the U.S. economy.
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 services businesses.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve and other policymakers to gauge consumer demand and guide economic decisions and forecasts.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV5112TAXABL157QSA), retrieved from FRED.