Real Private Sector Final Consumption Expenditure for Argentina
Annual, Not Seasonally Adjusted
NCPRXDCARA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
509,854.50
Year-over-Year Change
0.52%
Date Range
1/1/2004 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the value of retail and food services sales in the United States. It 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 tracks the total dollar value of retail and food services sales in the U.S. on an annual, non-seasonally adjusted basis. It provides insight into broader consumer demand and is widely used by economists and policymakers to assess the health of the economy.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve, government, and private analysts to gauge the strength of consumer spending and inform economic policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Annual retail sales exceeded $6.5 trillion in 2022.
- E-commerce sales made up over 14% of total retail sales in 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the total value of retail and food services sales in the United States on an annual basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and overall economic health. The annual, non-seasonally adjusted figures provide a comprehensive view of spending patterns that is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve, government agencies, and private analysts to gauge the strength of consumer spending and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted retail sales data is typically released with a 1-2 month delay to allow for comprehensive data collection and processing.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCPRXDCARA), retrieved from FRED.