Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Norway
Quarterly, Seasonally Adjusted
LFEAICTTNOQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
508,708.60
Year-over-Year Change
-8.16%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic indicator measures quarterly, seasonally adjusted inflation-adjusted retail sales, providing insight into consumer spending trends and the overall health of the U.S. economy.
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
Retail sales are a key indicator of consumer demand and economic activity. This seasonally adjusted, inflation-adjusted data allows for analysis of real consumer purchasing power over time.
Methodology
Data is collected through monthly surveys of retail and food service firms.
Historical Context
Retail sales trends are closely watched by policymakers, economists, and investors.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Seasonally adjusted data controls for predictable holiday and weather-related fluctuations.
- Inflation-adjusted figures provide a real-terms view of consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This indicator measures quarterly, seasonally adjusted retail sales in the U.S., adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer demand and the overall health of the economy, making this data highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms across the U.S.
Q: How is this trend used in economic policy?
A: Retail sales trends are closely monitored by the Federal Reserve and other policymakers to assess consumer spending, inflation, and the broader economic climate.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay to allow for comprehensive data collection.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Norway
NORCPHP0700IXOBM
Bank's Cost to Income Ratio for Norway
DDEI07NOA156NWDB
Harmonized Index of Consumer Prices: Electricity for Norway
CP0451NOM086NEST
Production, Sales, Work Started and Orders: Construction Work Started on Dwellings: Economic Activity: Construction of Buildings for Norway
WSCNDW01NOQ661S
Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Norway
LFEM24TTNOA647N
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Norway
NORLORSGPTDSTSAM
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAICTTNOQ647S), retrieved from FRED.