Growth Rate Previous Period, Quarterly, Seasonally Adjusted
SLRTTO01O1Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.43
Year-over-Year Change
-33.44%
Date Range
4/1/1970 - 7/1/2017
Summary
This economic indicator tracks the quarter-over-quarter growth rate of real retail sales, providing insight into consumer spending trends 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, Quarterly, Seasonally Adjusted series measures the percentage change in real retail sales from the previous quarter, with seasonal fluctuations removed. It is a key indicator of the strength and direction of consumer demand.
Methodology
The data is calculated by the U.S. Census Bureau based on surveys of retail establishments.
Historical Context
Policymakers and analysts closely monitor this metric to assess the health of the consumer sector and its influence on broader economic conditions.
Key Facts
- The series is updated quarterly by the U.S. Census Bureau.
- Positive growth indicates expanding consumer activity, while negative growth signals a slowdown.
- Retail sales account for nearly 70% of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in real retail sales, providing insight into consumer spending patterns and overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key driver of economic growth, so this metric is closely watched by policymakers, investors, and analysts to assess the health of the consumer sector and its influence on the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this indicator to gauge consumer confidence and spending patterns, which informs decisions on monetary and fiscal policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The series is updated quarterly by the U.S. Census Bureau, with a slight delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (SLRTTO01O1Q657S), retrieved from FRED.