Sales: Retail Trade: Total Retail Trade: Value for Australia
Annual, Seasonally Adjusted
SLRTTO02AUA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,343,583,333.33
Year-over-Year Change
69.62%
Date Range
1/1/1983 - 1/1/2022
Summary
The Annual, Seasonally Adjusted trend measures the total retail and food services sales in the United States, providing key 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 metric tracks the total value of goods and services sold by U.S. retailers, including both durable and non-durable goods. It is a widely-used indicator of consumer demand and an important input for economic analysis and forecasting.
Methodology
The data is collected through surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by policymakers, investors, and analysts to gauge the health of the broader economy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has risen steadily in the U.S. over the past decade.
- Seasonal adjustments help smooth out monthly variations in retail data.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total value of retail and food services sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and overall economic activity, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers to gauge the health of the broader economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical 2-week delay between the end of the reference period and the public release.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (SLRTTO02AUA189S), retrieved from FRED.