Total Revenue for Broadcasting (Except Internet), Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV515TPSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.40
Year-over-Year Change
-154.55%
Date Range
10/1/2006 - 1/1/2025
Summary
The 'Percent Change, Seasonally Adjusted' series measures the month-over-month change in retail and food services sales, 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 economic trend tracks the change in total sales for retail establishments and food services, providing insight into consumer demand and the overall health of the U.S. economy. Analysts use this data to assess short-term fluctuations and longer-term trends in consumer behavior.
Methodology
The U.S. Census Bureau collects and seasonally adjusts the monthly retail sales data.
Historical Context
Policymakers and economists monitor this indicator to gauge the strength of consumer spending, which drives a large portion of economic growth.
Key Facts
- Retail and food services sales account for nearly 50% of total personal consumption expenditures.
- The data is seasonally adjusted to remove typical annual fluctuations.
- Month-over-month changes in this indicator can signal turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change, Seasonally Adjusted' series tracks the monthly change in total sales for retail establishments and food services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into consumer demand and overall economic activity, which is crucial for policymakers, businesses, and economists to monitor.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the monthly retail sales data and applies seasonal adjustments to remove typical annual fluctuations.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely watch this indicator to assess the strength of consumer spending, which is a major driver of economic growth.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a typical delay of a few weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV515TPSA), retrieved from FRED.