Index 2010=1, Quarterly, Seasonally Adjusted
SLRTTO01O1Q661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.14
Year-over-Year Change
7.13%
Date Range
1/1/1970 - 7/1/2017
Summary
The 'Index 2010=1, Quarterly, Seasonally Adjusted' measures real retail sales, providing insights into consumer spending and 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
This index tracks the volume of retail sales, adjusted for inflation and seasonal variations, with a base year of 2010. It is a key indicator of consumer demand and an important metric for analyzing economic trends.
Methodology
The data is collected through surveys of retail establishments and calculated as a volume index relative to the 2010 base year.
Historical Context
Policymakers and analysts closely monitor retail sales as a signal of consumer confidence and to forecast broader economic conditions.
Key Facts
- The index uses 2010 as the base year with a value of 1.
- Retail sales account for nearly 70% of U.S. economic activity.
- The index is adjusted for seasonal variations to provide a clearer picture of underlying trends.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Quarterly, Seasonally Adjusted' measures the volume of retail sales in the United States, adjusted for inflation and seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer demand and overall economic activity, making this index highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a volume index relative to the 2010 base year.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor retail sales data to assess consumer confidence, forecast broader economic conditions, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of 1-2 months. While comprehensive, the index may not capture all retail activity, such as informal or online sales.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (SLRTTO01O1Q661S), retrieved from FRED.