Total Revenue for Child Day Care Services, Establishments Exempt from Federal Income Tax
Millions of Dollars, Seasonally Adjusted
REV6244EMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,926.00
Year-over-Year Change
4.65%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue, in millions of U.S. dollars, for U.S. retail and food services establishments, adjusted for seasonal variations. It provides insight into the health and spending patterns of the U.S. consumer sector.
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 Millions of Dollars, Seasonally Adjusted trend tracks the total revenue generated by U.S. retail and food service businesses on a monthly basis. It is a key indicator of consumer demand and an important economic metric for analyzing the state of the U.S. economy.
Methodology
The data is collected through monthly surveys of U.S. retail and food service establishments and adjusted for seasonal factors.
Historical Context
This trend is closely monitored by economists, policymakers, and financial analysts to assess consumer spending and gauge the overall strength of the U.S. economy.
Key Facts
- U.S. retail and food service revenue reached a record high of $677.6 billion in March 2022.
- Consumer spending accounts for approximately 70% of U.S. economic activity.
- The trend has shown strong recovery since the COVID-19 pandemic lows in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue, in millions of U.S. dollars, for U.S. retail and food services establishments, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and spending patterns of the U.S. consumer sector, which is a key driver of economic growth. It is closely monitored by economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. retail and food service establishments and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and financial institutions to assess consumer demand, evaluate the overall state of the economy, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks. There may be occasional revisions to previously reported figures.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV6244EMSA), retrieved from FRED.