Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Russia
Monthly, Seasonally Adjusted
RUSLREM55TTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.92
Year-over-Year Change
6.36%
Date Range
8/1/2009 - 12/1/2021
Summary
The 'Monthly, Seasonally Adjusted' series measures the U.S. retail sales for the retail and food services industry. It is a key economic indicator that reflects consumer spending and demand.
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 monthly retail sales metric tracks the dollar value of merchandise sold by a sample of U.S. retail and food service businesses. It provides important insights into the overall health of the U.S. economy and consumer confidence.
Methodology
The data is collected through a monthly survey of a representative sample of U.S. retail and food service businesses.
Historical Context
Retail sales figures are closely watched by policymakers, economists, and investors to gauge consumer activity and economic trends.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- Consumer spending drives approximately 70% of the U.S. economy.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the total dollar value of retail and food service sales in the United States on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and economic health, closely watched by policymakers, economists, and investors to gauge the strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of a representative sample of U.S. 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 by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The retail sales data is released by the U.S. Census Bureau approximately 15 days after the end of each month, with potential revisions in subsequent months.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (RUSLREM55TTSTSAM), retrieved from FRED.