Sales: Retail Trade: Total Retail Trade: Value for Australia
Monthly, Not Seasonally Adjusted
AUSSLRTTO02STM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,649,000,000.00
Year-over-Year Change
2.07%
Date Range
4/1/1982 - 11/1/2023
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures total retail and food services sales in the U.S. This key economic indicator provides insights into consumer spending patterns and the overall health of the 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
This series represents the total dollar value of sales by U.S. retail and food service establishments, published on a monthly basis without seasonal adjustments. It is a widely followed metric that economists use to analyze current economic conditions and consumer confidence.
Methodology
The data is collected through monthly surveys of retail and food service businesses across the United States.
Historical Context
Retail sales figures are closely watched by policymakers, investors, and analysts as a barometer of consumer demand and economic growth.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The data is released by the U.S. Census Bureau around the middle of each month.
- Economists use retail sales to gauge the strength of the consumer sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of retail and food service sales in the United States on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer spending and economic health, making this trend highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses across the United States.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely watched by policymakers as an important barometer of consumer demand and overall economic growth.
Q: Are there update delays or limitations?
A: The data is released by the U.S. Census Bureau around the middle of each month, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (AUSSLRTTO02STM), retrieved from FRED.