Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Number, Monthly level, Monthly, Seasonally Adjusted
ESTSLRTCR03MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,083.42
Year-over-Year Change
28.74%
Date Range
1/1/2003 - 11/1/2023
Summary
The 'Number, Monthly level, Monthly, Seasonally Adjusted' series measures the monthly level of retail trade sales in the United States. This economic indicator provides insight 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
This series tracks the total value of sales made by retail establishments in the U.S. on a monthly basis. It is a key metric used by economists and policymakers to assess the health of the consumer sector and broader economy.
Methodology
The data is collected by the U.S. Census Bureau through monthly surveys of retail businesses.
Historical Context
Retail trade sales are closely monitored by the Federal Reserve and other agencies to inform monetary and fiscal policy decisions.
Key Facts
- Retail trade sales account for about 30% of total consumer spending in the U.S.
- The data is released around the 15th of each month by the U.S. Census Bureau.
- Retail sales tend to be volatile and are often used as a gauge of economic momentum.
FAQs
Q: What does this economic trend measure?
A: The 'Number, Monthly level, Monthly, Seasonally Adjusted' series measures the total value of sales made by retail establishments in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail trade sales are a key indicator of consumer spending and overall economic activity, making this data highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through monthly surveys of retail businesses.
Q: How is this trend used in economic policy?
A: Retail trade sales data is closely monitored by the Federal Reserve and other agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released around the 15th of each month, with a typical one-month lag.
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Citation
U.S. Federal Reserve, Number, Monthly level, Monthly, Seasonally Adjusted (ESTSLRTCR03MLSAM), retrieved from FRED.