Sales: Retail Trade: Total Retail Trade: Volume for United States
Growth rate same period previous year, Quarterly
SLRTTO01USQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.96
Year-over-Year Change
84.31%
Date Range
1/1/1960 - 4/1/2018
Summary
This economic trend measures the year-over-year growth rate of real retail sales in the United States on a quarterly basis. It is a key indicator of 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
The growth rate same period previous year, Quarterly trend tracks the percent change in real retail sales compared to the same quarter in the prior year. This provides insights into the trajectory of consumer demand and the overall health of the economy.
Methodology
The data is collected through monthly surveys of retailers and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts closely monitor this indicator to assess the strength of the consumer sector and make informed decisions.
Key Facts
- Retail sales account for about 40% of total consumer spending in the U.S.
- The growth rate same period previous year, Quarterly trend reached a low of -6.2% in Q2 2020 due to the COVID-19 pandemic.
- This indicator is released monthly by the U.S. Census Bureau as part of the Advance Monthly Sales for Retail and Food Services report.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real retail sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year, Quarterly trend provides important insights into the strength of consumer demand and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retailers and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to assess the strength of the consumer sector and make informed decisions.
Q: Are there update delays or limitations?
A: This indicator is released monthly by the U.S. Census Bureau as part of the Advance Monthly Sales for Retail and Food Services report.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (SLRTTO01USQ659S), retrieved from FRED.