Total Revenue for Promoters of Performing Arts, Sports, and Similar Events, All Establishments
Millions of Dollars, Not Seasonally Adjusted
REV7113ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,768.00
Year-over-Year Change
56.76%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures sales revenue in millions of dollars for U.S. retail and food service establishments, providing insight into consumer spending patterns.
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 'Millions of Dollars, Not Seasonally Adjusted' series tracks total monthly sales revenue across a variety of retail and food service businesses, offering a high-level view of overall consumer demand and economic activity.
Methodology
The data is collected through monthly surveys of U.S. retail and food service establishments.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the health of the consumer sector and inform economic policy decisions.
Key Facts
- Retail and food service sales account for over 40% of total U.S. economic activity.
- This metric reached a record high of $678 billion in November 2022.
- Sales have grown by an average of 4.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures total monthly sales revenue in millions of dollars for U.S. retail and food service establishments, providing insight into consumer spending patterns and the overall health of the consumer sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market analysts as an important indicator of consumer demand and economic activity, which informs decision-making and policy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in retail and food service sales are used by the Federal Reserve, policymakers, and market analysts to gauge the health of the consumer sector and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag, and does not account for seasonal variations in sales.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (REV7113ALLEST144QNSA), retrieved from FRED.