Total Revenue for Psychiatric and Substance Abuse Hospitals, Establishments Exempt from Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV6222EMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,839.00
Year-over-Year Change
17.58%
Date Range
7/1/2012 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' series measures the total revenue of U.S. retail establishments, providing insight 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
This key economic indicator tracks the total revenue generated by retail businesses in the United States on a monthly basis. It is a vital metric for assessing the health and momentum of the consumer economy.
Methodology
The data is collected through surveys of retail businesses and compiled by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by policymakers, analysts, and investors to gauge consumer confidence and guide economic decision-making.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending drives over two-thirds of the U.S. gross domestic product (GDP).
- The retail sector employs over 15 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' series tracks the total revenue generated by retail establishments in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer spending and economic activity, providing insights that inform policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, analysts, and investors to gauge consumer confidence and guide economic decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks between the reference period and the publication of the figures.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV6222EMSA), retrieved from FRED.