Sales: Retail Trade: Car Registration: Passenger Cars for Norway
Number, Monthly level, Quarterly
SLRTCR03NOQ180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,337.33
Year-over-Year Change
-3.39%
Date Range
1/1/1960 - 7/1/2018
Summary
This economic indicator tracks the monthly and quarterly retail sales levels in the United States, providing insight into consumer spending trends.
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 revenue generated by retail establishments, including stores, restaurants, and other consumer-facing businesses. It is a key indicator of the overall health of the economy and consumer confidence.
Methodology
The data is collected through surveys of retail businesses conducted by the U.S. Census Bureau.
Historical Context
Retail sales data is closely monitored by policymakers, economists, and investors to gauge the strength of consumer demand.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending drives over two-thirds of the U.S. GDP.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales data series measures the total revenue generated by retail establishments, including stores, restaurants, and other consumer-facing businesses.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of the overall health of the economy and consumer confidence, and is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is used by policymakers, economists, and investors to gauge the strength of consumer demand and make informed decisions about economic policy and investment strategies.
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 a few weeks.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly (SLRTCR03NOQ180S), retrieved from FRED.