Sales: Retail Trade: Total Retail Trade: Value for Estonia
Index 2015=100, Monthly, Not Seasonally Adjusted
ESTSLRTTO02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.61
Year-over-Year Change
-6.67%
Date Range
1/1/1995 - 11/1/2023
Summary
The Retail Trade: Total Sales (ESTSLRTTO02IXOBM) index measures the total monthly sales by U.S. retailers. It is a key indicator of consumer spending and economic health.
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 Retail Trade: Total Sales index tracks the total dollar value of sales made by retailers across the United States. It provides a high-level snapshot of consumer demand and confidence, which are important factors in assessing the overall state of the economy.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Analysts and policymakers monitor this index to gauge consumer spending patterns and their potential impact on economic growth.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Data is reported on a monthly basis and not seasonally adjusted.
- Retail sales account for nearly 30% of total U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade: Total Sales index measures the total dollar value of monthly sales made by U.S. retailers across a variety of sectors.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer spending and confidence, which are crucial factors in assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this index to understand consumer behavior and its potential impact on economic growth, which informs policy decisions.
Q: Are there update delays or limitations?
A: The Retail Trade: Total Sales index is published on a monthly basis, with a typical 2-week delay from the end of the reference month.
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Citation
U.S. Federal Reserve, Retail Trade: Total Sales (ESTSLRTTO02IXOBM), retrieved from FRED.