Total Revenue for Other Schools and Instruction, All Establishments
Millions of Dollars
REV6116ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,733.00
Year-over-Year Change
49.33%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures the total value of retail sales in the United States, providing insights into 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 Millions of Dollars trend represents the total dollar value of retail sales across various categories, including durable and non-durable goods. It is a widely watched indicator of consumer demand and a key component in assessing the overall health of the U.S. economy.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and market analysts to gauge consumer confidence and inform economic decision-making.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The Millions of Dollars trend has shown steady growth in recent years.
- Consumer spending is a key driver of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Millions of Dollars trend measures the total value of retail sales in the United States, providing insights into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a crucial indicator of consumer demand and the overall health of the U.S. economy, making this trend highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers to gauge consumer confidence and inform economic decision-making.
Q: Are there update delays or limitations?
A: The Millions of Dollars trend is updated 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 (REV6116ALLEST144QNSA), retrieved from FRED.