Sales: Retail Trade: Total Retail Trade: Value for Ireland
Index 2015=100, Quarterly, Not Seasonally Adjusted
SLRTTO02IEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.27
Year-over-Year Change
10.96%
Date Range
1/1/2000 - 7/1/2023
Summary
The 'Index 2015=100, Quarterly, Not Seasonally Adjusted' trend measures retail trade sales in the United States. This metric is a key indicator of consumer spending and economic health.
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 dollar value of sales by U.S. retail and food service establishments. It is a widely-watched gauge of consumer demand and confidence, providing insight into broader economic trends.
Methodology
The data is collected through monthly surveys of retail and food service businesses.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and investors to assess the state of the U.S. economy.
Key Facts
- The retail sales index has a base year of 2015.
- Retail sales account for nearly 30% of overall U.S. economic activity.
- Quarterly, not seasonally adjusted data is reported.
FAQs
Q: What does this economic trend measure?
A: This index measures the dollar value of sales by U.S. retail and food service establishments on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and confidence, providing insight into 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 retail and food service businesses across the United States.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and investors to assess consumer demand and make informed decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (SLRTTO02IEQ661N), retrieved from FRED.