Total Revenue for Hospitals, Establishments Subject to Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV622TMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,083.00
Year-over-Year Change
18.49%
Date Range
10/1/2004 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' trend measures total revenue across U.S. retail and food service establishments. It is a key 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
This economic series tracks the total dollar value of sales at retail and food service establishments in the United States on a monthly basis. It is an important barometer of consumer demand and sentiment that economists use to analyze broader macroeconomic trends.
Methodology
The data is collected through surveys of retail and food service businesses and adjusted for seasonal variations.
Historical Context
Policymakers and analysts closely monitor this metric to assess the health of the consumer sector and inform economic forecasting.
Key Facts
- Retail and food service sales account for nearly 50% of total U.S. consumer expenditures.
- The retail sales trend has a direct impact on GDP growth and employment.
- Monthly retail sales data is considered a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' metric tracks the total revenue across U.S. retail and food service establishments on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator is widely used by economists, policymakers, and investors to gauge the health of consumer demand and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service businesses and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor retail sales to assess the state of the consumer sector and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical 2-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV622TMSA), retrieved from FRED.