Sales: Retail Trade: Total Retail Trade: Value for Ireland
Index 2015=100, Quarterly, Seasonally Adjusted
SLRTTO02IEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.10
Year-over-Year Change
11.59%
Date Range
1/1/2000 - 7/1/2023
Summary
The 'Index 2015=100, Quarterly, Seasonally Adjusted' measures the level of total retail sales in the United States. 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
This retail sales index tracks the monthly value of sales at retail establishments, providing insight into consumer demand and the overall health of the economy. It is a widely-followed metric for economists, policymakers, and market analysts.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The retail sales index uses 2015 as the base year.
- It covers a broad range of retail establishments, from department stores to auto dealers.
- Seasonally adjusted data accounts for typical annual variation in consumer behavior.
FAQs
Q: What does this economic trend measure?
A: The retail sales index measures the total value of sales at retail establishments in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer spending and economic health, making this index 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 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 the Federal Reserve and other institutions to inform decisions on monetary policy and assess the state of the economy.
Q: Are there update delays or limitations?
A: The retail sales index is published monthly, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (SLRTTO02IEQ661S), retrieved from FRED.