Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Australia
Annual, Seasonally Adjusted
LRIN64MAAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.34
Year-over-Year Change
-6.74%
Date Range
1/1/1979 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' economic trend measures the value of retail and food services sales in the United States. It is a key indicator of consumer spending and overall economic activity.
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 series tracks the total dollar value of retail and food services sales on an annual, seasonally adjusted basis. It is widely used by economists and policymakers to assess the health of the consumer sector and broader economic conditions.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
Retail sales data is closely monitored by the Federal Reserve and other agencies for insights into consumer demand and inflation.
Key Facts
- Annual retail sales in the U.S. totaled over $6.5 trillion in 2022.
- Consumer spending accounts for nearly 70% of U.S. economic activity.
- Retail sales have grown at an average annual rate of 3.7% since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' retail sales trend tracks the total dollar value of retail and food services sales in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a critical indicator of consumer demand and overall economic health. It provides insights into consumer spending patterns that are closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely watched by the Federal Reserve and other agencies for insights into consumer demand, inflationary pressures, and the broader economic outlook. The data helps inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual retail sales data is released with a 1-2 month lag. While timely, the data may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN64MAAUA156S), retrieved from FRED.