Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Russia
Quarterly, Seasonally Adjusted
RUSSARTQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.72
Year-over-Year Change
1.19%
Date Range
1/1/1995 - 10/1/2018
Summary
The Quarterly, Seasonally Adjusted retail sales trend measures changes in total retail and food service sales in the U.S. on a quarterly basis, adjusted for seasonal variation. It is a key economic indicator monitored by policymakers and analysts.
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 Quarterly, Seasonally Adjusted retail sales data tracks the value of goods and services sold by merchants across the United States. It is a widely referenced metric for gauging consumer spending and economic health.
Methodology
The data is collected and calculated by the U.S. Census Bureau through monthly surveys of retail and food service establishments.
Historical Context
Retail sales figures are closely watched by the Federal Reserve and other policymakers as a barometer of consumer confidence and a leading indicator of broader economic trends.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- Quarterly retail sales data is reported with a 1-2 month lag.
- Consumer spending drives over two-thirds of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted retail sales trend tracks changes in the total value of retail and food service sales across the United States on a quarterly basis, with adjustments made for seasonal variation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer spending and confidence, providing important insights into the overall health of the U.S. economy that are closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through monthly surveys of retail and food service establishments.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely watched by the Federal Reserve and other policymakers as a leading indicator of broader economic trends, helping to inform monetary policy decisions and assessments of the overall state of the economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted retail sales data is reported with a 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (RUSSARTQISMEI), retrieved from FRED.