Sales: Retail Trade: Total Retail Trade: Value for Switzerland
Index 2015=100, Annual, Not Seasonally Adjusted
SLRTTO02CHA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.59
Year-over-Year Change
7.27%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the total retail sales in the United States, providing insights into consumer spending and the health of the broader economy.
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 Retail Sales Index tracks the total value of retail trade transactions, including sales of durable and non-durable goods. It serves as a key indicator of consumer demand and is closely monitored by economists and policymakers.
Methodology
The data is collected through monthly surveys of retail establishments across the country.
Historical Context
Retail sales figures are used to gauge the strength of consumer spending, which accounts for a significant portion of economic activity.
Key Facts
- The Retail Sales Index uses 2015 as the base year with a value of 100.
- Retail sales account for approximately 70% of U.S. economic activity.
- The index is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales Index measures the total value of retail trade transactions in the United States, providing insights into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and the overall health of the economy, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments across the country by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other policymakers to assess consumer spending patterns and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Retail Sales Index is released on a monthly basis, with a typical delay of around two weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (SLRTTO02CHA661N), retrieved from FRED.