Sales: Retail Trade: Total Retail Trade: Value for Russia
Quarterly, Seasonally Adjusted
SLRTTO02RUQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,649,865,520,901.15
Year-over-Year Change
15.47%
Date Range
1/1/1994 - 7/1/2018
Summary
The Quarterly, Seasonally Adjusted trend measures the retail sales of sporting goods, hobby, musical instrument, and book stores in the United States. This metric is a key indicator of consumer spending and confidence.
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 series tracks the monthly sales revenue of retailers specializing in sporting goods, hobbies, musical instruments, and books. It is a valuable indicator of discretionary consumer spending and can provide insights into broader economic conditions.
Methodology
The data is collected through surveys of retail establishments and adjusted for seasonal variations.
Historical Context
Economists and policymakers monitor this trend to assess the health of the consumer sector and broader economic activity.
Key Facts
- Retail sales of sporting goods, hobby, musical instrument, and book stores represent about 3% of total U.S. retail sales.
- This sector experienced a sharp decline during the COVID-19 pandemic but has since recovered to pre-pandemic levels.
- Quarterly, Seasonally Adjusted data is released by the U.S. Census Bureau approximately 15 days after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly sales revenue of retail establishments specializing in sporting goods, hobbies, musical instruments, and books in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and discretionary income, which are important indicators of broader economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and adjusted for seasonal variations by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of the consumer sector and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is released by the U.S. Census Bureau approximately 15 days after the end of each quarter, with a potential for minor revisions in subsequent releases.
Related Trends
Use of Financial Services Deposit Accounts: Life Insurance Accounts at Insurance Corporations for Russian Federation
RUSFCAOFILPNUM
Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Russia
LFEM74TTRUA647N
Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Russian Federation
RUSFCSODMFGGDPPT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Russia
RUSCP120000IXOBQ
Outstanding Total International Debt Securities to GDP for Russian Federation
DDDM07RUA156NWDB
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Russia
RUSB6FAOI03CXCUQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SLRTTO02RUQ189S), retrieved from FRED.