US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRTD01SKA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,439,170,000.00
Year-over-Year Change
575.81%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic indicator measures the total U.S. dollar amount of retail trade and food services, providing insights into 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 'US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted' metric tracks the total value of retail sales and food service purchases in the United States on an annual basis. This measure is a key indicator of consumer demand and confidence, which are important factors in understanding broader economic trends.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to gauge the health of the U.S. consumer sector.
Key Facts
- The total value of U.S. retail and food service sales was over $6.5 trillion in 2021.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of retail sales and food service purchases in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and confidence, which are important factors in understanding broader economic trends and the health of the U.S. consumer sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by economists, policymakers, and market analysts to gauge the strength of consumer spending and overall economic activity.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a short delay between the reference period and publication.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRTD01SKA637S), retrieved from FRED.