Total Revenue for Gambling Industries, Establishments Subject to Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV7132TMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,000.00
Year-over-Year Change
35.90%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures retail sales in the United States, providing insights 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
Retail sales is a key indicator of consumer demand and overall economic health. This data series tracks the total dollar value of retail and food service sales, adjusted for seasonal variations.
Methodology
The U.S. Census Bureau collects and compiles this data through monthly surveys of a sample of retail and food service firms.
Historical Context
Retail sales data is closely monitored by policymakers, analysts, and businesses to gauge consumer confidence and make informed decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Online sales now make up over 15% of total retail sales.
- The retail sector employs over 15 million people in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of retail and food service sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data provides valuable insights into consumer demand and overall economic activity, making it a closely watched indicator by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of a sample of retail and food service firms.
Q: How is this trend used in economic policy?
A: Retail sales data is used by the Federal Reserve and other policymakers to assess the health of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV7132TMSA), retrieved from FRED.