Total Revenue for Passenger Car Rental and Leasing, Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV53211TPSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.90
Year-over-Year Change
-83.02%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change, Seasonally Adjusted' metric tracks the monthly percentage 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 series measures the month-over-month percent change in U.S. retail and food services sales, adjusted for seasonal variations. It is a widely watched indicator of consumer demand and can signal broader economic trends.
Methodology
The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail establishments.
Historical Context
Economists and policymakers closely monitor retail sales as a gauge of consumer confidence and the overall health of the economy.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- Seasonally adjusted data removes regular fluctuations due to holidays and weather.
- Percent change is a widely used metric to track growth trends over time.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monthly percentage change in U.S. retail and food services sales, a key indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a vital measure of consumer demand and can signal broader economic trends that are important for businesses, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail establishments and calculates the seasonally adjusted percent change.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely track retail sales as a gauge of consumer confidence and the overall health of the economy, which informs decision-making.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a typical 2-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV53211TPSA), retrieved from FRED.