Total Revenue for Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance, Establishments Subject to Federal Income Tax
Percent Change
REV81131TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.40
Year-over-Year Change
-370.00%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change' metric tracks the quarterly percent change in U.S. retail sales. This important economic indicator reflects consumer spending trends and can inform economic policy decisions.
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 'Percent Change' series measures the quarter-over-quarter percentage change in total U.S. retail and food services sales, excluding motor vehicles and parts. It is a key metric for understanding consumer demand and economic conditions.
Methodology
The data is collected through monthly surveys of retail and food service firms by the U.S. Census Bureau.
Historical Context
Retail sales data is closely monitored by policymakers, analysts, and investors to assess the health of the U.S. economy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The percent change metric is reported quarterly by the U.S. Census Bureau.
- Consumer spending is a key driver of GDP growth in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change' metric tracks the quarterly percentage change in total U.S. retail and food services sales, excluding motor vehicles and parts.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and overall economic health, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by policymakers to assess the strength of the U.S. economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The percent change metric is reported quarterly with a short delay, providing timely insight into consumer spending trends.
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Citation
U.S. Federal Reserve, Percent Change (REV81131TAXABL157QNSA), retrieved from FRED.