Sales: Retail Trade: Total Retail Trade: Value for Czech Republic
Monthly, Seasonally Adjusted
CZESLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.11
Year-over-Year Change
1.38%
Date Range
1/1/1996 - 10/1/2023
Summary
This economic trend measures monthly retail trade and food services sales in the United States, adjusted for seasonal variations. It is a key indicator of consumer spending 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 Monthly, Seasonally Adjusted retail trade and food services sales series tracks the total value of goods and services sold by retailers across the U.S. each month. This metric is widely used by economists and policymakers to assess the strength of consumer demand and broader economic conditions.
Methodology
The data is collected through surveys of retail and food service businesses and adjusted for seasonal factors.
Historical Context
This indicator is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail trade and food services sales account for nearly 50% of total US consumer spending.
- Sales have rebounded strongly since the COVID-19 pandemic, exceeding pre-crisis levels.
- The indicator is released monthly by the US Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total monthly sales of retail and food service businesses in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer demand and overall economic activity, making it closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses and then adjusted for seasonal factors by the US Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions use this indicator to assess the strength of consumer spending and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-week lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (CZESLRTTO02IXOBSAM), retrieved from FRED.