Projected Business Formations Within Eight Quarters: Total for All NAICS in Arizona
Seasonally Adjusted
BFPBF8QTOTALSAAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
911.00
Year-over-Year Change
11.64%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted (SA) economic indicator tracks the U.S. retail sales of furniture and home furnishings, adjusted for seasonal variation. This metric is a key barometer of consumer demand 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
The Seasonally Adjusted retail sales data removes regular seasonal fluctuations, allowing analysts to better identify underlying trends in consumer spending. It is a widely followed indicator used by economists, policymakers, and investors to assess the health of the U.S. economy.
Methodology
The U.S. Census Bureau collects and adjusts the raw retail sales data to account for seasonal patterns.
Historical Context
This metric informs decisions around monetary and fiscal policy, as well as investment strategies.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Furniture and home furnishings make up over 5% of total retail sales.
- Seasonal adjustment removes predictable monthly variation in sales.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted retail sales data tracks U.S. consumer spending on furniture and home furnishings, with regular seasonal patterns removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying consumer demand and economic activity, without the distortion of predictable seasonal fluctuations.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the raw retail sales data and applies statistical adjustments to account for seasonal variation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around monetary and fiscal policy, as well as investment strategies.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted retail sales data is released monthly by the U.S. Census Bureau, with a typical 2-week lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BFPBF8QTOTALSAAZ), retrieved from FRED.