Quarterly
LRINTTTTO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.80
Year-over-Year Change
-1.00%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly trend measures the total value of retail and food services sales in the United States on a quarterly basis. This metric 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
The Quarterly trend represents the total dollar value of sales by businesses that receive revenue from the retail and food services sectors in the U.S. It is a widely followed gauge of consumer demand and a barometer for the health of the broader economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this trend to assess consumer confidence and make informed decisions.
Key Facts
- Retail and food services sales account for nearly 30% of U.S. GDP.
- The Quarterly trend reached a record high of $1.82 trillion in Q4 2021.
- Consumer spending is a major driver of economic growth in the United States.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total value of retail and food services sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending and overall economic activity, making it highly relevant for 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 businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess consumer confidence and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The Quarterly trend data is released with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly (LRINTTTTO1Q156N), retrieved from FRED.