Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Number, Monthly level, Quarterly, Not Seasonally Adjusted
SLRTCR03EEQ180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,109.67
Year-over-Year Change
18.19%
Date Range
1/1/2003 - 7/1/2018
Summary
This economic indicator tracks the monthly, quarterly level of retail sales for the U.S. economy on a non-seasonally adjusted basis. It provides insight into consumer spending patterns 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 data series measures the total dollar value of merchandise sold by a sample of retail stores and food service establishments. It is a key indicator of consumer demand and an important metric for policymakers and analysts to monitor economic conditions.
Methodology
The data is collected through monthly surveys of a sample of retail and food service businesses.
Historical Context
Retail sales figures are closely watched by the Federal Reserve, economists, and market participants to gauge the strength of consumer spending and the broader economy.
Key Facts
- Retail sales account for about 70% of U.S. economic activity.
- Monthly retail sales data is released around the 15th of each month.
- Retail sales are a leading indicator of overall economic health.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly and quarterly level of retail sales in the U.S. on a non-seasonally adjusted basis. It provides insight into consumer spending patterns and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key economic indicator closely watched by policymakers, economists, and market participants to gauge the strength of consumer demand and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail and food service businesses.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and assess the overall health of the economy.
Q: Are there update delays or limitations?
A: The monthly retail sales data is typically released around the 15th of each month, providing timely insight into consumer spending patterns.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Not Seasonally Adjusted (SLRTCR03EEQ180N), retrieved from FRED.