Sales: Retail Trade: Car Registration: Passenger Cars for Slovak Republic
Growth rate previous period, Quarterly, Seasonally Adjusted
SLRTCR03SKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.55
Year-over-Year Change
237.45%
Date Range
4/1/2003 - 10/1/2018
Summary
This economic trend measures the quarter-over-quarter growth rate of retail sales, adjusted for seasonal variations. It provides insights into consumer spending patterns 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
The growth rate of retail sales is a key indicator of consumer demand and economic activity. This seasonally adjusted, quarterly metric tracks the pace of change in total retail and food service sales compared to the previous period, offering timely insights for policymakers and market analysts.
Methodology
The U.S. Census Bureau collects and publishes this data as part of the Monthly Retail Trade Survey.
Historical Context
Economists and investors closely monitor retail sales growth to gauge consumer confidence and forecast broader economic trends.
Key Facts
- Retail sales account for nearly 30% of U.S. GDP.
- The growth rate reached a peak of 11.3% in Q3 2021.
- Negative growth indicates a slowdown in consumer demand.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarter-over-quarter percent change in total U.S. retail and food service sales, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales growth is a crucial indicator of consumer demand and economic health, providing timely insights for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau compiles this data through the Monthly Retail Trade Survey.
Q: How is this trend used in economic policy?
A: Retail sales growth data informs monetary and fiscal policy decisions, as consumer spending accounts for a large portion of overall economic activity.
Q: Are there update delays or limitations?
A: This quarterly, seasonally adjusted metric is published with a short lag, typically 2-3 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (SLRTCR03SKQ657S), retrieved from FRED.