Total Revenue for Social Assistance, All Establishments
Millions of Dollars, Seasonally Adjusted
REV624AMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83,271.00
Year-over-Year Change
26.10%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' trend measures 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 series tracks the total dollar value of retail and food service sales on a monthly basis, adjusted for seasonal variations. Retail sales are a vital statistic used by economists and policymakers to gauge the health of the consumer sector and broader economy.
Methodology
The U.S. Census Bureau collects retail sales data through surveys of a sample of retail and food service firms.
Historical Context
Retail sales figures inform decisions by the Federal Reserve, Congress, and private-sector analysts.
Key Facts
- Retail sales account for nearly 30% of total U.S. economic activity.
- Consumer spending drives over two-thirds of the U.S. GDP.
- Retail sales have rebounded strongly from the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' trend measures the total dollar value of retail and food service sales in the United States on a monthly basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer spending and the overall health of the U.S. economy, making this data highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through surveys of a sample of retail and food service firms.
Q: How is this trend used in economic policy?
A: Retail sales figures inform decisions by the Federal Reserve, Congress, and private-sector analysts regarding monetary policy, fiscal policy, and investment strategies.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a typical delay of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV624AMSA), retrieved from FRED.