Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia
Annual, Seasonally Adjusted
LFEAICTTAUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,727,378.00
Year-over-Year Change
16.43%
Date Range
1/1/1964 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures total inflation-adjusted, seasonally adjusted retail sales in the U.S. This metric is a key indicator of consumer spending and a critical factor in gauging the overall health of the economy.
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 data series tracks the total value of retail and food services sales after adjusting for seasonal variations and the effects of inflation. It provides insights into consumer demand and confidence, which are vital for policymakers and analysts to understand economic trends.
Methodology
The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail establishments.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve, economists, and investors to assess the state of the consumer economy and inform economic policy decisions.
Key Facts
- Retail sales account for about 70% of U.S. economic activity.
- Seasonally adjusted data removes regular seasonal fluctuations.
- Inflation-adjusted figures provide a real measure of consumer demand.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of retail and food services sales in the U.S. after adjusting for seasonal variations and inflation.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a crucial indicator of consumer spending and confidence, which are vital for understanding the overall health of the economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve, economists, and investors to assess the state of the consumer economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFEAICTTAUA647S), retrieved from FRED.