Sales: Retail Trade: Car Registration: Passenger Cars for Luxembourg
Number, Monthly level, Quarterly, Seasonally Adjusted
SLRTCR03LUQ180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,447.66
Year-over-Year Change
14.29%
Date Range
1/1/1962 - 7/1/2018
Summary
This economic indicator measures the monthly, seasonally adjusted level of retail sales in the United States. It provides important insights into consumer spending patterns and the overall health of the economy.
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 tracks the total value of goods sold by retailers, including motor vehicle and parts dealers, food and beverage stores, and other retail establishments. It is a key economic indicator used by policymakers, analysts, and businesses to monitor consumer demand and make informed decisions.
Methodology
The data is collected through monthly surveys of retail businesses and compiled by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely watched by the Federal Reserve and other economic policymakers to gauge the strength of consumer spending and guide monetary policy decisions.
Key Facts
- Retail sales account for about 30% of total consumer spending in the U.S.
- The retail sales data is released around the 13th of each month by the U.S. Census Bureau.
- Consumer spending is a major driver of economic growth, making retail sales a closely watched indicator.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales data measures the monthly, seasonally adjusted level of sales by retailers in the United States. It provides insights into consumer spending patterns and the overall health of the economy.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a key economic indicator used by policymakers, analysts, and businesses to monitor consumer demand and make informed decisions. The data is closely watched by the Federal Reserve and other economic institutions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses and compiled 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 and other policymakers to gauge the strength of consumer spending and guide monetary policy decisions, which can impact interest rates, inflation, and overall economic growth.
Q: Are there update delays or limitations?
A: The retail sales data is released around the 13th of each month by the U.S. Census Bureau, with a delay of approximately one month from the reference period.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Seasonally Adjusted (SLRTCR03LUQ180S), retrieved from FRED.