Daily
This dataset tracks daily over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1996 - 8/31/2022
Summary
The Daily Retail Sales Index measures the volume of daily retail sales in the United States, providing a timely 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
The Daily Retail Sales Index is a proprietary metric developed by the U.S. Federal Reserve to track real-time changes in consumer spending across various retail sectors. It serves as an important early signal of broader economic trends.
Methodology
The index is calculated based on a statistical model that aggregates daily sales data from a sample of large retail and food service companies.
Historical Context
Policymakers and analysts closely monitor this index to gain insights into the health of the consumer economy.
Key Facts
- The Daily Retail Sales Index is published each business day.
- It covers over 70% of total U.S. retail and food service sales.
- The index is seasonally adjusted to account for typical weekly and holiday patterns.
FAQs
Q: What does this economic trend measure?
A: The Daily Retail Sales Index measures the daily volume of retail sales and consumer spending across a broad range of sectors in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This high-frequency indicator provides timely insights into the strength of consumer demand, a key driver of overall economic activity.
Q: How is this data collected or calculated?
A: The index is calculated based on a statistical model that aggregates daily sales data from a sample of large retail and food service companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Daily Retail Sales Index to gain real-time visibility into the health of consumer spending, which is a critical component of the U.S. economy.
Q: Are there update delays or limitations?
A: The Daily Retail Sales Index is published each business day, providing timely information. However, the underlying data may be subject to revisions as more complete information becomes available.
Related News
Federal Reserve's Interest Rate Policy and Economic Dissent
Interest Rate Debate: The Federal Reserve’s Dissent and Policy Implications The effective federal funds rate affects various aspects of daily life, including mortgage payments and savings returns. This rate forms the crux of economic policy overseen by the Federal Reserve, the entity responsible for adjusting interest rates to steer the U.S. economy. Currently, a range of opinions exists regarding these adjustments, as debates within the Federal Reserve persist about balancing inflation managem
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Similar SVNRECD Trends
Citation
U.S. Federal Reserve, Daily Retail Sales Index (SVNRECD), retrieved from FRED.