Gross Domestic Product: Retail Trade (44-45) in Colorado
Annual, Not Seasonally Adjusted
CORETAILNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,633.40
Year-over-Year Change
110.32%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted retail sales trend measures the value of retail sales in the U.S. without adjusting for seasonal fluctuations. It provides a broader view 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 retail sales index represents the total dollar value of merchandise sold by retailers in the United States. It is a key indicator of consumer demand and economic activity that policymakers and analysts closely monitor.
Methodology
The U.S. Census Bureau collects and calculates this data through monthly surveys of retail establishments.
Historical Context
The retail sales trend is used to assess the health of the consumer sector and guide fiscal and monetary policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has risen steadily since the 2008–2009 recession.
- Strong retail sales often signal economic expansion and growth.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted retail sales trend measures the total dollar value of goods sold by retailers in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a broad view of consumer spending patterns, which is a key indicator of economic health and activity. It is closely monitored by policymakers and analysts to assess the strength of the consumer sector.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail establishments across the country.
Q: How is this trend used in economic policy?
A: Retail sales data is used by the Federal Reserve and other policymakers to help guide fiscal and monetary policy decisions that aim to support economic growth and stability.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted retail sales data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (CORETAILNGSP), retrieved from FRED.