Total Revenue for Museums, Historical Sites, and Similar Institutions, All Establishments
Millions of Dollars, Seasonally Adjusted
REV712AMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,737.00
Year-over-Year Change
40.30%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Millions of Dollars, Seasonally Adjusted' series measures retail sales in the United States, providing insights into 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 retail sales trend is a key economic indicator used by policymakers, analysts, and businesses to assess the health of the U.S. consumer sector and the broader economy. It tracks the total value of goods sold by retailers across the country.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other institutions for their implications on monetary and fiscal policy decisions.
Key Facts
- Retail sales account for about 30% of total consumer spending in the U.S.
- The data is released monthly by the U.S. Census Bureau.
- Retail sales are a leading indicator of overall economic health.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Seasonally Adjusted' series measures the total value of retail sales in the United States, providing insights into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial economic indicator used by policymakers, businesses, and analysts to assess the strength of consumer demand and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions, as consumer spending is a significant driver of economic growth.
Q: Are there update delays or limitations?
A: The retail sales data is released on a monthly basis, with a typical delay of around two weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Millions of Dollars, Seasonally Adjusted (REV712AMSA), retrieved from FRED.