Sales: Retail Trade: Car Registration: Passenger Cars for Canada
Number, Monthly level, Annual, Seasonally Adjusted
SLRTCR03CAA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,806.35
Year-over-Year Change
-61.47%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the monthly level of retail sales in the United States, adjusted for seasonal variations. It is a key indicator of consumer spending and economic health.
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 Retail Sales measure tracks the total revenue generated by retail establishments, providing insights into consumer demand and the overall state of the economy. Economists and policymakers closely monitor this metric to assess economic performance and make informed decisions.
Methodology
The data is collected through surveys of retail businesses and calculated by the U.S. Census Bureau.
Historical Context
Retail sales figures are widely used by analysts, investors, and policymakers to gauge the strength of the consumer sector and the broader economy.
Key Facts
- Retail sales account for about 30% of total consumer spending in the U.S.
- The data is released monthly by the U.S. Census Bureau.
- Retail sales are a leading indicator of economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of retail sales in the United States, adjusted for seasonal variations. It provides insights into consumer spending and the overall health of the economy.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are closely watched by economists, policymakers, and investors as a key indicator of consumer demand and economic performance. The data is used to make informed decisions about economic policy and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is used by the Federal Reserve, government agencies, and other institutions to assess the strength of the consumer sector and the broader economy, which informs policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical delay of around two weeks. While the data is considered a reliable indicator, it may be subject to revisions and can be influenced by seasonal factors and other economic conditions.
Related Trends
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Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Canada
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International Trade: Imports: Value (Goods): Total for Canada
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Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Canada
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Citation
U.S. Federal Reserve, Retail Sales, Monthly Level, Annual, Seasonally Adjusted (SLRTCR03CAA180S), retrieved from FRED.