Quarterly
ROWSRPQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
820,337.00
Year-over-Year Change
32.45%
Date Range
10/1/1945 - 7/1/2014
Summary
The Quarterly Retail Sales trend measures the total dollar value of retail and food service sales in the United States, a key indicator of 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
Quarterly Retail Sales tracks the monthly sales of retailers, restaurants, and other businesses that sell merchandise or provide services directly to consumers. This metric is closely watched by economists and policymakers as a gauge of consumer demand and overall economic health.
Methodology
The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Historical Context
Retail sales figures are used to inform monetary and fiscal policy decisions that can impact consumer-facing industries and the broader economy.
Key Facts
- Retail sales account for nearly 30% of overall U.S. economic activity.
- The Quarterly Retail Sales trend is released approximately 2 weeks after the end of each quarter.
- Consumer spending makes up about 70% of U.S. gross domestic product (GDP).
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales trend measures the total dollar value of retail and food service sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail sales is a key indicator of consumer demand and overall economic health, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are used to inform monetary and fiscal policy decisions that can impact consumer-facing industries and the broader economy.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales trend is released approximately 2 weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Retail Sales (ROWSRPQ027S), retrieved from FRED.