Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Louisiana
Quarterly, Seasonally Adjusted
LARETAILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.70
Year-over-Year Change
17.54%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the total inflation-adjusted retail and food services sales in the United States on a quarterly basis. 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
This series, published by the U.S. Census Bureau, tracks the value of retail sales in the U.S. adjusted for seasonal variations and inflation. It is a widely-used measure of the overall health of the consumer sector and a vital input for economic analysis and policymaking.
Methodology
The data is collected through monthly surveys of retail and food service firms and adjusted for seasonal factors.
Historical Context
Economists and policymakers closely monitor this metric to gauge consumer confidence and make informed decisions about fiscal and monetary policy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Quarterly retail sales have increased by over 50% since the Great Recession.
- E-commerce represents over 14% of total U.S. retail sales.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total inflation-adjusted retail and food services sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending and overall economic activity, making it vital for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to gauge consumer confidence and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month delay.
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Citation
U.S. Census Bureau, Quarterly, Seasonally Adjusted (LARETAILQQGSP), retrieved from FRED.