Future General Activity, Perceptions of Respondents for the Region; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia
Seasonally Adjusted
GARFBNDEC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.80
Year-over-Year Change
-10.54%
Date Range
3/1/2011 - 8/1/2025
Summary
This series measures seasonally adjusted retail sales of furniture and bedding in the Philadelphia, PA metropolitan area. It provides insight into consumer spending patterns and economic conditions in the region.
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 Seasonally Adjusted Retail Sales of Furniture and Bedding metric tracks the monthly sales volume of furniture and bedding retailers in the Philadelphia metropolitan area, with adjustments made to account for regular seasonal variations. This data point is widely used by economists and policymakers to analyze regional consumer demand and purchasing behavior.
Methodology
The data is collected through monthly surveys of furniture and bedding retailers in the Philadelphia metro area and adjusted for seasonal factors.
Historical Context
This economic indicator is relevant for understanding regional consumer spending trends and can inform policy decisions and market forecasts.
Key Facts
- Furniture and bedding sales make up about 10% of total retail spending in the Philadelphia region.
- Seasonal adjustments account for regular holiday and weather-related spending patterns.
- This data is released monthly by the Federal Reserve Bank of Philadelphia.
FAQs
Q: What does this economic trend measure?
A: This series measures the seasonally adjusted monthly retail sales of furniture and bedding stores in the Philadelphia metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and economic conditions in the Philadelphia region, which is useful for policymakers, market analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of furniture and bedding retailers in the Philadelphia metro area and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: This indicator can inform policy decisions and market forecasts related to regional consumer demand and spending trends.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve Bank of Philadelphia with a typical 4-6 week lag period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Retail Sales of Furniture and Bedding (GARFBNDEC156MSFRBPHI), retrieved from FRED.