Total Revenue for Arts, Entertainment, and Recreation, Establishments Exempt from Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV71EMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,262.00
Year-over-Year Change
40.23%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' trend measures retail sales in the U.S. economy. This key indicator provides insights into consumer spending behavior and can inform economic policymaking.
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 services sales on a monthly basis, adjusted for seasonal variations. It is a widely followed metric for evaluating the health and momentum of the consumer sector.
Methodology
The U.S. Census Bureau collects retail sales data through surveys of businesses and compiles the seasonally adjusted figures.
Historical Context
Retail sales data is closely monitored by the Federal Reserve and other policymakers to gauge economic conditions and inform monetary policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has a significant impact on GDP growth.
- Retail sales data is released monthly by the U.S. Census Bureau.
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 services sales in the United States on a monthly basis, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer spending and provides insights into the overall health of the U.S. economy. It is closely monitored by policymakers, economists, and investors to assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through surveys of businesses and compiles the seasonally adjusted figures.
Q: How is this trend used in economic policy?
A: Retail sales data is a key input for the Federal Reserve and other policymakers in evaluating the state of the economy and informing monetary 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 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 (REV71EMSA), retrieved from FRED.