Total Revenue for Hospitals, Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV622TPSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
125.00%
Date Range
1/1/2005 - 1/1/2025
Summary
The Percent Change, Seasonally Adjusted metric tracks quarterly changes in total retail and food services sales in the United States. This key indicator provides insight into the strength of consumer spending, a critical driver of economic growth.
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, Seasonally Adjusted figure represents the quarter-over-quarter percent change in total retail and food services sales, adjusted for seasonal variations. It is a widely followed indicator of consumer demand and a barometer for the overall health of the U.S. economy.
Methodology
The U.S. Census Bureau collects and aggregates retail sales data from thousands of businesses to calculate this seasonally adjusted metric.
Historical Context
Economists and policymakers closely monitor retail sales trends to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Key Facts
- Retail sales account for nearly 70% of U.S. GDP.
- The Percent Change metric is released monthly by the U.S. Census Bureau.
- Consumer spending has been a key driver of economic recovery after the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Percent Change, Seasonally Adjusted metric tracks quarterly changes in total retail and food services sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the strength of consumer spending, a critical driver of economic growth, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and aggregates retail sales data from thousands of businesses to calculate this seasonally adjusted metric.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor retail sales trends to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Percent Change metric is released monthly by the U.S. Census Bureau, with a typical delay of around two weeks.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV622TPSA), retrieved from FRED.