Total Revenue for Nursing and Residential Care Facilities, Establishments Exempt from Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV623EMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,998.00
Year-over-Year Change
20.79%
Date Range
10/1/2004 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' economic trend measures total revenue for U.S. retail and food services sales. It is 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 data series tracks the monthly value of retail and food services sales in the United States, adjusted for seasonal variations. It is a widely-followed measure of consumer demand and an important input for economic analysis and policymaking.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of the consumer sector and broader economic conditions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has risen for 12 consecutive months as of the latest data.
- Retail sales rebounded strongly in 2021 following the COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' series tracks the monthly value of retail and food services sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer demand and spending, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the health of the consumer sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-week lag from the reference period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV623EMSA), retrieved from FRED.