Real Final Consumption Expenditure for Argentina
Annual, Not Seasonally Adjusted
NCRXDCARA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
605,914.90
Year-over-Year Change
2.58%
Date Range
1/1/2004 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures retail sales of non-durable consumer goods in the United States. This indicator provides insight into consumer spending patterns and broader economic conditions.
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 value of retail sales for a range of non-durable products like food, beverages, and personal care items. It offers a broad view of consumer demand and discretionary spending, which are key drivers of economic growth.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Analysts and policymakers monitor this metric to assess the health of the consumer economy.
Key Facts
- Non-durable goods account for about 35% of total retail sales.
- Annual, not seasonally adjusted retail sales reached a record high of $5.78 trillion in 2022.
- Fluctuations in non-durable retail sales often signal changes in consumer confidence and broader economic trends.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total value of retail sales for non-durable consumer goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall health of the consumer economy, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this indicator to assess consumer demand and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately 6 weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCRXDCARA), retrieved from FRED.