Sales: Retail Trade: Car Registration: Passenger Cars for India
Number, Monthly level
INDSLRTCR03MLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
230,681.41
Year-over-Year Change
10.64%
Date Range
7/1/2001 - 7/1/2018
Summary
The 'Number, Monthly level' economic trend measures the monthly volume of retail sales across the United States. This metric 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 'Number, Monthly level' series represents the total value of retail sales, which includes transactions from a variety of stores and establishments. This data provides important insights into consumer demand and the overall health of the U.S. economy.
Methodology
The data is collected through monthly surveys of retail businesses.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and investors to assess economic conditions and consumer confidence.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The data is released monthly by the U.S. Census Bureau.
- Retail sales have shown strong growth since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Number, Monthly level' series measures the total monthly volume of retail sales across the United States, providing insights into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and the overall health of the U.S. economy, making it essential for policymakers, economists, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely watched by the Federal Reserve and other policymakers to assess economic conditions and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly, with a typical delay of a few weeks between the end of the reporting period and the public release of the figures.
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Citation
U.S. Federal Reserve, Number, Monthly level (INDSLRTCR03MLSAQ), retrieved from FRED.