Quarterly, Not Seasonally Adjusted
LRACTTTTO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.20
Year-over-Year Change
0.67%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly, Not Seasonally Adjusted economic trend measures the total value of retail trade and food services sales in the United States on a quarterly basis without seasonal adjustments. This data provides insights into consumer spending patterns and helps economists and policymakers assess the overall health of the U.S. 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
The Quarterly, Not Seasonally Adjusted retail trade and food services sales metric represents the total dollar value of goods and services sold by retailers and food service establishments across the U.S. This unadjusted data is useful for analyzing long-term trends and underlying consumer demand, complementing the seasonally adjusted series.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retail and food service businesses.
Historical Context
Policymakers and analysts monitor this metric to gauge consumer confidence and make informed decisions about economic policy.
Key Facts
- The U.S. retail and food services sales totaled over $6.5 trillion in 2022.
- Consumer spending accounts for approximately 70% of U.S. GDP.
- E-commerce sales represented nearly 15% of total retail trade in 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted metric measures the total value of retail trade and food services sales in the United States on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted data provides insights into long-term consumer spending patterns and helps economists and policymakers assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail and food service businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to gauge consumer confidence and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRACTTTTO1Q156N), retrieved from FRED.