Sales: Retail Trade: Total Retail Trade: Volume for Russia
Growth rate same period previous year, Monthly
RUSSLRTTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.99
Year-over-Year Change
-17.89%
Date Range
12/1/1995 - 12/1/2018
Summary
The 'Growth rate same period previous year, Monthly' series measures the year-over-year growth rate in total retail sales. This key economic indicator provides insight into consumer spending and overall 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
This monthly series tracks the percent change in total retail sales compared to the same month in the previous year. It is a widely followed gauge of consumer demand and overall economic health, as consumer spending accounts for a large portion of GDP.
Methodology
The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this metric to assess the strength of the consumer sector and inform economic policy decisions.
Key Facts
- Retail sales account for about 40% of total consumer spending in the U.S.
- The series has been published monthly since 1992.
- Growth rates can signal turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' series measures the year-over-year percent change in total retail sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall health of the economy, as consumer spending accounts for a large portion of GDP.
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 analysts monitor this indicator to assess the strength of the consumer sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, typically within a few weeks of the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (RUSSLRTTO01GYSAM), retrieved from FRED.