Sales: Retail Trade: Car Registration: Passenger Cars for Turkey
Growth rate previous period, Annual, Seasonally Adjusted
SLRTCR03TRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.61
Year-over-Year Change
-65649.23%
Date Range
1/1/1990 - 1/1/2020
Summary
This trend measures the year-over-year growth rate of the U.S. real retail sales in the previous period, seasonally adjusted. It provides a key economic indicator for consumer spending and overall 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
The growth rate previous period for real retail sales is a widely tracked metric that reflects changes in consumer demand across a broad range of products and services. It is used by economists and policymakers to analyze the strength of the consumer economy and inform economic forecasting.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service firms.
Historical Context
This metric is closely watched by the Federal Reserve and other institutions to assess the health of consumer markets and guide monetary and fiscal policies.
Key Facts
- The series has been tracked since 1967.
- Retail sales account for about 40% of total consumer spending in the U.S.
- The series has a 1-month publication lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real retail sales in the previous period, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The real retail sales growth rate is a key indicator of consumer demand and overall economic activity, making it important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail and food service firms.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this metric to assess the health of consumer markets and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: This series has a 1-month publication lag, and the data may be subject to revisions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (SLRTCR03TRA657S), retrieved from FRED.