Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Australia
Monthly, Seasonally Adjusted
AUSLREM24TTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.48
Year-over-Year Change
-0.51%
Date Range
2/1/1978 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the retail sales of Australian consumer goods and services, a key indicator of economic activity and consumer confidence.
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 monthly series tracks the value of retail trade in Australia, adjusting for seasonal factors like holidays and weather. Retail sales are a vital metric for economists and policymakers to gauge the strength of consumer spending and broader economic health.
Methodology
Data is collected through surveys of large and small Australian retailers and compiled by the Australian Bureau of Statistics.
Historical Context
Retail sales figures are closely monitored by the Reserve Bank of Australia and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for over a third of Australia's total economic output.
- The series has been published monthly since 1982.
- Declines in retail sales can signal an impending economic slowdown.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend tracks the total value of retail trade in Australia, including sales of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and overall economic health, making it an important metric for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Australian retailers and compiled by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Reserve Bank of Australia and other government agencies closely monitor retail sales figures to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 4-6 weeks.
Related Trends
Compensation of Employees in Australia
AUSCOMPQDSNAQ
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Australia
NAEXCP07AUQ189S
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Australia
LREMTTTTAUA156N
Real Gross Domestic Product for Australia
NGDPRSAXDCAUQ
Sales: Retail Trade: Total Retail Trade: Volume for Australia
SLRTTO01AUA189S
International Merchandise Trade Statistics: Imports: Commodities for Australia
XTIMVA01AUQ659S
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (AUSLREM24TTSTSAM), retrieved from FRED.