All Employees: Leisure and Hospitality in Rhode Island
Monthly, Seasonally Adjusted
RILEIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.10
Year-over-Year Change
-2.64%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures the retail inventory-to-sales ratio, a key indicator of consumer demand and business confidence.
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 ratio compares the current level of retail inventories to the recent sales volume, providing insights into retail supply chains and consumer spending patterns.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of the broader economy.
Key Facts
- The retail inventory-to-sales ratio has averaged 1.47 over the past decade.
- Higher ratios indicate slower sales and potential oversupply, while lower ratios suggest strong consumer demand.
- This metric is closely watched for signs of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the retail inventory-to-sales ratio, which compares current retail inventories to recent sales volumes.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand, supply chain dynamics, and business confidence, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the retail inventory-to-sales ratio to assess the health of the broader economy and consumer spending patterns.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 4-6 weeks from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (RILEIH), retrieved from FRED.