Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Austria
Monthly, Not Seasonally Adjusted
LRHU24TTATM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
49.43%
Date Range
1/1/1994 - 6/1/2025
Summary
This economic trend measures the total value of retail sales of lumber and other building materials, hardware, and supplies stores on a monthly basis without seasonal adjustments. It provides insight into consumer demand and activity in the home improvement and construction sectors.
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 Monthly, Not Seasonally Adjusted retail sales data for lumber, building materials, hardware, and supplies stores represents the total dollar value of goods sold by these establishments nationwide. This metric is a key indicator of consumer spending and economic conditions in the construction and home improvement markets.
Methodology
The data is collected through surveys of a sample of retail businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of the housing and construction industries and make informed decisions.
Key Facts
- Retail sales of lumber and building materials reached a record high in 2021.
- This metric has a direct correlation with activity in the housing and construction sectors.
- Lumber prices have experienced significant volatility in recent years, impacting this retail sales trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales of lumber, building materials, hardware, and supplies stores on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer demand and activity in the home improvement and construction sectors, which are key drivers of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a sample of retail businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the housing and construction industries and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around two weeks. There may be sampling and estimation errors, and the lack of seasonal adjustments can limit direct comparisons over time.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHU24TTATM156N), retrieved from FRED.