Total Revenue for Other Information Services, Establishments Subject to Federal Income Tax
Percent Change
REV519TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.80
Year-over-Year Change
45.00%
Date Range
10/1/2012 - 4/1/2025
Summary
The Percent Change trend measures the quarterly percent change in U.S. retail sales. 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
The Percent Change metric tracks the quarter-over-quarter change in total retail and food services sales in the United States. It is a widely followed economic indicator that provides insight into consumer demand and the broader health of the economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service businesses.
Historical Context
Policymakers and analysts closely monitor retail sales trends to gauge consumer confidence and make informed decisions.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- The Percent Change trend reached a record high of 49.3% in Q2 2021 as the economy rebounded from the COVID-19 pandemic.
- Consumer spending drives approximately 70% of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: The Percent Change trend measures the quarterly percent change in total U.S. retail and food services sales, providing insight into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and overall economic health, making the Percent Change trend highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service businesses.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor retail sales trends to gauge consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Percent Change data is released on a quarterly basis, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Percent Change (REV519TAXABL157QNSA), retrieved from FRED.