Sectoral Output for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,402,596.00
Year-over-Year Change
72.06%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output for Retail Trade measures production in the retail trade sector of the U.S. economy. This metric provides insight into consumer demand 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 (NAICS 44,45) series represents the industrial output of businesses engaged in retail activities, such as selling merchandise to the general public. This data is a key indicator of consumer spending and overall economic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses from businesses.
Historical Context
Policymakers and market analysts closely monitor retail trade output to assess the strength of consumer demand and make informed economic decisions.
Key Facts
- Retail trade accounts for over $5 trillion in annual U.S. economic activity.
- The retail sector employs over 15 million workers nationwide.
- Retail trade output serves as a barometer for overall consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output for Retail Trade measures the industrial production and economic activity within the retail trade sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Retail trade output is a key indicator of consumer spending and a barometer for the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of businesses in the retail trade sector.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor retail trade output to assess consumer demand and make informed decisions about economic policy and market conditions.
Q: Are there update delays or limitations?
A: The retail trade output data is released monthly by the Federal Reserve with a typical 1-2 month lag.
Related Trends
Unit Labor Costs for Retail Trade: Outdoor Power Equipment Stores (NAICS 44421) in the United States
IPUHN44421U101000000
Labor Compensation for Retail Trade: Pharmacies and Drug Stores (NAICS 44611) in the United States
IPUHN44611L021000000
Hourly Compensation for Retail Trade: Used Car Dealers (NAICS 44112) in the United States
IPUHN44112U121000000
Hourly Compensation for Retail Trade: Pharmacies and Drug Stores (NAICS 446110) in the United States
IPUHN446110U120000000
Sectoral Output Price Deflator for Retail Trade: Department Stores (NAICS 4522) in the United States
IPUHN4522T051000000
Sectoral Output for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 4541) in the United States
IPUHN4541T300000000
Citation
U.S. Federal Reserve, Sectoral Output for Retail Trade: Retail Trade (NAICS 44,45) in the United States (IPUHN4445T300000000), retrieved from FRED.