Total Revenue for Performing Arts Companies, Establishments Subject to Federal Income Tax
Percent Change, Seasonally Adjusted
REV7111TPSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
-136.92%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change, Seasonally Adjusted' metric tracks quarterly changes in real retail sales, a key indicator of consumer spending and overall 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 trend measures the percent change in seasonally adjusted real retail sales, which provides insight into consumer demand and the health of the broader economy. It is widely followed by economists, policymakers, and market analysts.
Methodology
The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail and food service establishments.
Historical Context
Retail sales growth is closely monitored for its implications on monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 30% of total consumer spending in the U.S.
- Percent change in real retail sales has averaged 0.3% per quarter since 2000.
- The metric reached a record high growth rate of 9.8% in Q2 2021 as the economy rebounded from the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change, Seasonally Adjusted' metric tracks quarterly changes in real retail sales, a key indicator of consumer spending and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales growth is a critical barometer of consumer demand and the health of the broader economy, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail and food service establishments.
Q: How is this trend used in economic policy?
A: Retail sales growth is closely monitored for its implications on monetary and fiscal policy decisions, as it provides insights into consumer spending patterns and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV7111TPSA), retrieved from FRED.