Real Final Consumption Expenditure for Estonia
Annual, Not Seasonally Adjusted
NCRXDCESA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
941,730.81
Year-over-Year Change
17.07%
Date Range
1/1/1995 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures total retail and food services sales excluding automotive parts and gasoline stations. It provides insights into consumer spending patterns 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 represents total retail and food services sales, which account for a significant portion of consumer spending and are a key indicator of economic health. It excludes sales at automotive parts and gasoline stations to focus on broader discretionary spending.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the strength of consumer demand and its implications for the broader economy.
Key Facts
- This series excludes automotive and gasoline sales.
- Retail and food services sales account for over $5 trillion annually in the U.S.
- Consumer spending drives approximately 70% of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures total retail and food services sales, excluding automotive parts and gasoline stations, providing insights into consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer demand and overall economic health, as consumer spending accounts for a large portion of U.S. economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of consumer demand and its implications for the broader economy, informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of 4-6 weeks between the reference period and the publication of the estimates.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCRXDCESA), retrieved from FRED.