Real Gross Domestic Product: Retail Trade (44-45) in Connecticut
Quarterly, Seasonally Adjusted Annual Rate
CTRETAILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,572.50
Year-over-Year Change
27.24%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (CTRETAILRQGSP) measures the quarterly change in total real retail and food services sales, adjusted for seasonal variations. This key economic indicator provides insights into consumer spending patterns and overall 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 Quarterly, Seasonally Adjusted Annual Rate (CTRETAILRQGSP) tracks the total dollar value of retail and food services sales, adjusted to remove seasonal fluctuations. It is a widely-followed metric used by economists and policymakers to gauge the health of the consumer sector and broader economic conditions.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
Trends in the CTRETAILRQGSP are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The CTRETAILRQGSP is reported quarterly by the U.S. Census Bureau.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Retail sales data is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (CTRETAILRQGSP) measures the total dollar value of retail and food services sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in retail sales are closely watched by economists and policymakers as a key indicator of consumer spending and 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: The CTRETAILRQGSP is monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CTRETAILRQGSP is reported quarterly with a lag, providing a timely but retrospective view of consumer spending patterns.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (CTRETAILRQGSP), retrieved from FRED.