Sales: Retail Trade: Car Registration: Passenger Cars for Slovak Republic
Number, Monthly level, Quarterly, Not Seasonally Adjusted
SLRTCR03SKQ180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,943.33
Year-over-Year Change
20.15%
Date Range
1/1/2003 - 7/1/2018
Summary
This economic trend measures the total retail sales, excluding motor vehicles and parts, on a monthly and quarterly basis without seasonal adjustments. It provides insight into consumer spending patterns and the overall health of the retail sector.
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 Excluding Motor Vehicle and Parts Dealers indicator tracks the total value of retail sales transactions in the United States, excluding sales at motor vehicle and parts dealerships. This metric is a key barometer of consumer demand and a crucial input for economic analysis and policymaking.
Methodology
The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by economists, policymakers, and market participants to assess the strength of consumer spending and the broader economy.
Key Facts
- Retail sales account for over 40% of total consumer spending in the U.S.
- The retail sector employs over 15 million people in the United States.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales transactions in the United States, excluding motor vehicle and parts dealers. It provides insight into consumer spending patterns and the overall health of the retail sector.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and economic activity, making it highly relevant for economists, policymakers, and market participants in their analysis and decision-making.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers to assess the strength of consumer spending and the broader economy, which informs their decisions on monetary and fiscal policies.
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 around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Not Seasonally Adjusted (SLRTCR03SKQ180N), retrieved from FRED.