Sales: Retail Trade: Total Retail Trade: Value for Hungary
Index 2015=100, Annual, Seasonally Adjusted
SLRTTO02HUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189.38
Year-over-Year Change
134.90%
Date Range
1/1/1998 - 1/1/2022
Summary
The 'Index 2015=100, Annual, Seasonally Adjusted' measures the level of retail sales in the United States on an annual basis. This key economic indicator provides insights into consumer spending patterns and can inform policymakers and analysts.
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 retail sales index tracks the total value of goods sold by retailers across the country. It is a widely-used barometer of consumer demand and an important component of gross domestic product (GDP) calculations.
Methodology
The data is collected through monthly surveys of retail establishments and adjusted for seasonal variations.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other economic policymakers to assess the health of the broader economy.
Key Facts
- The retail sales index is based on the total value of goods sold, not just the volume.
- Seasonally adjusted data accounts for predictable fluctuations throughout the year.
- Annual retail sales figures provide a comprehensive view of consumer spending trends.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual, Seasonally Adjusted' measures the total value of retail sales in the United States on an annual basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and economic health, providing insights that are vital for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments and adjusted for seasonal variations.
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 the strength of consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The retail sales index data is released on a monthly basis, with a slight delay to allow for data collection and seasonal adjustments.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Seasonally Adjusted (SLRTTO02HUA661S), retrieved from FRED.