Sales by Grocery Chain Stores for United States
M0608AUSM363SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
-15.66%
Date Range
1/1/1919 - 12/1/1943
Summary
The Sales by Grocery Chain Stores for United States measures the monthly sales volume of grocery chain stores across the country. This metric is a key indicator of consumer spending and 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 represents the total sales made by major grocery store chains operating in the United States. It provides insight into consumer demand and sentiment, as well as the overall health of the retail sector.
Methodology
The data is collected through surveys of large grocery store companies and aggregated by the U.S. Census Bureau.
Historical Context
This trend is closely watched by economists, policymakers, and market analysts to gauge the strength of the consumer economy.
Key Facts
- Grocery stores account for about 55% of total food and beverage sales in the U.S.
- Grocery sales make up over 10% of total retail spending in the country.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Sales by Grocery Chain Stores for United States tracks the monthly sales volume of major grocery store chains across the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into consumer spending patterns and the overall health of the retail sector, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of large grocery store companies and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Grocery sales data is used by government agencies, central banks, and market analysts to assess consumer confidence and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical delay of around 6 weeks.
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Citation
U.S. Federal Reserve, Sales by Grocery Chain Stores for United States (M0608AUSM363SNBR), retrieved from FRED.