Annual
LRIN24FEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.00
Year-over-Year Change
2.89%
Date Range
1/1/2005 - 1/1/2016
Summary
The Annual rate measures the year-over-year change in the total value of retail and food services sales in the United States. It is a key economic indicator for consumer spending and demand.
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 Annual retail sales trend tracks the annual percentage change in the total value of retail and food service sales across the U.S. economy. It provides insights into consumer behavior and overall economic conditions.
Methodology
The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the strength of consumer demand and make informed decisions.
Key Facts
- The Annual retail sales trend has averaged 4.5% growth over the past decade.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Annual retail sales trend measures the year-over-year percentage change in the total value of retail and food service sales across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending behavior and overall economic conditions, making it a key indicator for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Annual retail sales trend to assess the strength of consumer demand and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the Census Bureau, with a typical one-month delay between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Annual (LRIN24FEO1A156S), retrieved from FRED.