Sales: Retail Trade: Car Registration: Passenger Cars for Turkey
Number, Monthly level, Annual, Seasonally Adjusted
SLRTCR03TRA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,042.12
Year-over-Year Change
16.54%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic indicator tracks the monthly level of retail and food services sales in the United States on an annual, seasonally adjusted basis.
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 and Food Services Sales indicator provides a comprehensive measure of consumer spending across a variety of sectors, offering insights into the overall health and direction of the U.S. economy.
Methodology
This data is collected through monthly surveys of retail and food service businesses.
Historical Context
Retail sales figures are closely monitored by policymakers, businesses, and analysts to gauge consumer confidence and guide economic forecasting.
Key Facts
- Retail and food services sales account for nearly 50% of total consumer expenditures.
- This indicator is released monthly by the U.S. Census Bureau.
- Consumer spending is a major driver of overall economic growth in the United States.
FAQs
Q: What does this economic trend measure?
A: The Retail and Food Services Sales indicator tracks the monthly level of consumer spending on retail goods and services in the United States on a seasonally adjusted, annual basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the health and direction of the U.S. economy, as consumer spending accounts for a significant portion of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses 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, businesses, and analysts to gauge consumer confidence and guide economic forecasting and policy decisions.
Q: Are there update delays or limitations?
A: The Retail and Food Services Sales data is released monthly by the Census Bureau, with a typical lag of several weeks from the end of the reference period.
Related Trends
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TURIMPORTQDSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Turkiye
TURCP040000GYM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Turkiye
LFAC24MATRA647S
Consumer Price Index: Transport (COICOP 07): Total for Turkey
TURCP070000IXNBQ
Ease of doing business index for Turkey
ICBUSEASEXQTUR
Financial System Deposits to GDP for Turkey
DDDI08TRA156NWDB
Citation
U.S. Federal Reserve, Retail and Food Services Sales, Monthly, Seasonally Adjusted (SLRTCR03TRA180S), retrieved from FRED.