Total Revenue for Medical and Diagnostic Laboratories, Establishments Subject to Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV6215TMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,864.00
Year-over-Year Change
3.22%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' trend measures the total value of retail sales in the United States, 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 retail sales data represents the total dollar value of merchandise sold by retailers, providing insight into consumer demand and confidence. Economists and policymakers closely monitor retail sales to assess the health of the broader economy.
Methodology
The data is collected through monthly surveys of a sample of retail businesses in the U.S.
Historical Context
Retail sales figures inform economic policy decisions and are closely watched by financial markets.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The data is released monthly by the U.S. Census Bureau.
- Strong retail sales growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' trend measures the total value of retail sales in the United States, providing insight into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial economic indicator that helps analysts and policymakers assess the strength of consumer demand and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail businesses in the United States by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures inform economic policy decisions and are closely watched by financial markets, as they provide insight into consumer confidence and spending patterns.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical release lag of 2-3 weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV6215TMSA), retrieved from FRED.