Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Index 2015=100, Quarterly, Seasonally Adjusted
SLRTCR03EEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.69
Year-over-Year Change
-13.18%
Date Range
1/1/2003 - 7/1/2021
Summary
The 'Index 2015=100, Quarterly, Seasonally Adjusted' series measures the real retail sales of the U.S. economy, which is a key indicator of consumer spending and 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 index tracks the total volume of retail sales, adjusted for seasonal variations and inflation, with 2015 as the base year. It provides a comprehensive view of consumer demand and market trends that is vital for economic analysis and policy decisions.
Methodology
The data is collected through monthly surveys of retail establishments and calculated using a chained Fisher index formula.
Historical Context
Retail sales data is closely monitored by policymakers, investors, and analysts to gauge the health of the consumer sector and broader economy.
Key Facts
- The index is based on the North American Industry Classification System (NAICS).
- Retail sales account for about 30% of U.S. gross domestic product (GDP).
- The index reached an all-time high of 121.4 in January 2022.
FAQs
Q: What does this economic trend measure?
A: This index measures the total volume of retail sales in the U.S. economy, adjusted for seasonal variations and inflation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and economic activity, making it vital for economic analysis, investment decisions, and policy planning.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments and calculated using a chained Fisher index formula.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by policymakers, investors, and analysts to gauge the health of the consumer sector and broader economy, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around two weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (SLRTCR03EEQ661S), retrieved from FRED.