Spliced Business Formations Within Eight Quarters: Total for All NAICS in Minnesota
Not Seasonally Adjusted
BFSBF8QTOTALNSAMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
593.00
Year-over-Year Change
12.31%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' data series measures the total value of U.S. retail and food services sales without seasonal adjustments. This provides a raw indicator of consumer spending patterns.
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 unadjusted retail sales data represents the total dollar value of goods and services sold by U.S. businesses to consumers. It is an important measure of consumer demand and broader economic activity.
Methodology
The data is collected through monthly surveys of retail and food service establishments.
Historical Context
Policymakers and analysts use this series to understand underlying consumer spending trends.
Key Facts
- Retail sales account for about 30% of total U.S. economic activity.
- Consumer spending drives approximately 70% of the U.S. GDP.
- The not seasonally adjusted data can show pronounced monthly and seasonal variations.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the total value of U.S. retail and food services sales without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted retail sales data provides a raw indicator of consumer spending patterns, which is a key driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to understand underlying consumer spending trends and their implications for the broader economy.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data is published monthly, but may have a short lag compared to the seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFSBF8QTOTALNSAMN), retrieved from FRED.