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Annual, Seasonally Adjusted

LREPTTTTLUA156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

46.16

Year-over-Year Change

9.22%

Date Range

1/1/2003 - 1/1/2013

Summary

The 'Annual, Seasonally Adjusted' series measures the annual retail and food services sales, providing a comprehensive view of consumer spending in 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

This data series from the U.S. Census Bureau tracks the total value of retail and food services sales on an annual basis, adjusted for seasonal variations. It serves as a key indicator of consumer demand and confidence, informing economic analysis and policy decisions.

Methodology

The data is collected through monthly surveys of retail and food services businesses across the United States.

Historical Context

Policymakers and analysts closely monitor this economic indicator to gauge the health of consumer spending and broader economic conditions.

Key Facts

  • Retail and food services sales account for nearly 70% of U.S. GDP.
  • Consumer spending has historically driven over two-thirds of U.S. economic growth.
  • Annual retail sales reached a record high of $6.5 trillion in 2021.

FAQs

Q: What does this economic trend measure?

A: This series measures the total annual value of retail and food services sales in the United States, adjusted for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides important insights into consumer demand and confidence, which are crucial drivers of economic growth and performance.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of retail and food services businesses across the United States.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this indicator to gauge the health of consumer spending and make informed decisions about economic policies and interventions.

Q: Are there update delays or limitations?

A: The data is released monthly with a lag of approximately two months, providing a timely but not real-time view of retail and food services sales.

Related Trends

Citation

U.S. Census Bureau, Annual, Seasonally Adjusted (LREPTTTTLUA156S), retrieved from FRED.