Spliced Business Formations Within Four Quarters: Total for All NAICS in Rhode Island
Seasonally Adjusted
BFSBF4QTOTALSARI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.00
Year-over-Year Change
10.11%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted Retail Sales: Food Services and Drinking Places indicator measures the monthly change in retail sales for the food services and drinking places sector, adjusted for seasonal variations.
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 indicator provides insight into consumer spending patterns and the overall health of the food services and hospitality industry. It is a key economic indicator used by policymakers, analysts, and businesses to gauge consumer demand and inform economic forecasting.
Methodology
The data is collected through surveys of retail establishments and adjusted for seasonal factors.
Historical Context
This metric is closely watched by the Federal Reserve and other economic institutions to assess the state of the economy and guide policy decisions.
Key Facts
- Food services and drinking places account for over $800 billion in annual sales.
- This indicator is released monthly by the U.S. Census Bureau.
- Seasonal adjustments help isolate underlying economic trends.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly change in retail sales for the food services and drinking places sector, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall health of the food services and hospitality industry, which is a crucial part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and adjusted for seasonal factors by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is closely watched by the Federal Reserve and other economic institutions to assess the state of the economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, and the seasonal adjustments may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Retail Sales: Food Services and Drinking Places (BFSBF4QTOTALSARI), retrieved from FRED.