Sales: Retail Trade: Car Registration: Passenger Cars for Canada
Growth rate previous period, Annual, Seasonally Adjusted
SLRTCR03CAA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-9.62
Year-over-Year Change
-553.33%
Date Range
1/1/1960 - 1/1/2018
Summary
This economic trend measures the annual growth rate of retail sales in the United States, adjusted for seasonal variations. It provides important insights 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
The retail sales growth rate is a key indicator of consumer demand and confidence. It is closely watched by economists, policymakers, and market analysts to gauge the health of the U.S. economy and inform economic forecasting and decision-making.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail establishments.
Historical Context
Retail sales growth is a crucial input for the Federal Reserve and other institutions when evaluating monetary and fiscal policy.
Key Facts
- Retail sales account for nearly 50% of total consumer spending in the U.S.
- Annual retail sales growth averaged 4.3% from 2010-2019 before the COVID-19 pandemic.
- Retail sales are a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of retail sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales growth is a crucial indicator of consumer demand and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Retail sales growth is a key input for the Federal Reserve and other institutions when evaluating monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-week lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (SLRTCR03CAA657S), retrieved from FRED.