Seasonally Adjusted
BF8QSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
666.00
Year-over-Year Change
1.22%
Date Range
7/1/2004 - 10/1/2014
Summary
The Seasonally Adjusted series measures retail sales adjusted for seasonal variations, such as holidays and weather patterns, to reveal underlying economic trends.
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
Seasonal adjustment is a statistical technique used to remove the estimated impact of normal seasonal variation from economic time series. This allows for more accurate comparisons of data over time and a clearer view of the underlying economic conditions.
Methodology
The U.S. Census Bureau uses a model-based approach to seasonally adjust the monthly retail sales data.
Historical Context
Seasonally adjusted retail sales data is closely watched by economists and policymakers as an indicator of consumer spending and economic health.
Key Facts
- Seasonal adjustment removes predictable calendar-related variations.
- Retail sales account for about 30% of total consumer spending.
- Seasonally adjusted data allows for better month-over-month comparisons.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures retail sales data with the estimated impact of normal seasonal variation removed, providing a clearer picture of underlying economic trends.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted retail sales data is a crucial economic indicator used by analysts, policymakers, and businesses to understand consumer spending patterns and the overall health of the economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau uses a model-based approach to seasonally adjust the monthly retail sales data.
Q: How is this trend used in economic policy?
A: Seasonally adjusted retail sales data is closely monitored by the Federal Reserve and other policymakers as an indicator of consumer spending and overall economic conditions, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The seasonally adjusted retail sales data is published monthly by the U.S. Census Bureau, with a typical release delay of around two weeks after the end of the reference month.
Related Trends
Deposits in Noninsured Commercial Nonmember Banks in Arkansas
X08TDCBNNAR
Average Weekly Earnings of All Employees: Private Service Providing in Arkansas
SMU05000000800000011A
Average Hourly Earnings of All Employees: Private Service Providing in Arkansas
SMU05000000800000003
90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Arkansas
PPCILB0T4AR05000A156NCEN
State Government Tax Collections, Total Taxes in Arkansas
ARTOTLTAX
All Employees: Professional and Business Services in Arkansas
SMU05000006000000001A
Citation
U.S. Federal Reserve, Seasonally Adjusted (BF8QSAAR), retrieved from FRED.