Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Hungary
Quarterly, Not Seasonally Adjusted
SLRTTO01HUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.53
Year-over-Year Change
3.16%
Date Range
1/1/1992 - 1/1/2024
Summary
This economic indicator measures retail trade sales in the United States on a quarterly, not seasonally adjusted basis. It provides insights into consumer spending patterns 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 Quarterly, Not Seasonally Adjusted retail trade sales trend represents the total value of goods sold by retailers in the U.S. during a given quarter, without adjustments for seasonal fluctuations. It is a key indicator of consumer demand and an important input for macroeconomic analysis and forecasting.
Methodology
The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to gauge the strength of the consumer sector and its impact on the broader economy.
Key Facts
- Retail trade sales account for nearly 30% of total U.S. economic activity.
- Quarterly retail sales have grown by an average of 4.2% over the past decade.
- The COVID-19 pandemic caused a sharp decline in retail sales in 2020, but the sector has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of retail trade sales in the United States on a quarterly, non-seasonally adjusted basis. It provides insights into consumer spending patterns and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail trade sales are a key indicator of consumer demand and an important input for macroeconomic analysis and forecasting. Economists and policymakers monitor this trend to gauge the strength of the consumer sector and its impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, closely monitor retail trade sales data to inform monetary policy decisions and assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted retail trade sales data is typically published with a lag of approximately two months after the end of the reference quarter.
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International Merchandise Trade Statistics: Exports: Commodities for Hungary
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National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Hungary
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Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Hungary
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (SLRTTO01HUQ661N), retrieved from FRED.