Real Imports of Goods for Russia
Annual
NMGRXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,732,053.40
Year-over-Year Change
127.39%
Date Range
1/1/1990 - 1/1/2021
Summary
The Annual trend measures the annual rate of change in total retail sales, excluding motor vehicles and parts. This metric provides insight into the overall health of the U.S. consumer economy.
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 trend represents the year-over-year percent change in retail sales, excluding the volatile automotive sector. It is a key indicator of consumer spending patterns and a barometer for broader economic conditions.
Methodology
The data is collected through monthly surveys of a representative sample of U.S. retail and food service firms.
Historical Context
Analysts and policymakers closely monitor this metric to assess consumer confidence and guide economic policy decisions.
Key Facts
- Retail sales excluding autos account for over 70% of total U.S. retail activity.
- The Annual trend reached a record high of 23.3% in April 2021 as the economy rebounded from the COVID-19 pandemic.
- Consumer spending is a major driver of U.S. GDP, comprising nearly 70% of economic activity.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in U.S. retail sales, excluding the volatile automotive sector.
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 U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a representative sample of U.S. retail and food service firms.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this metric to assess consumer confidence and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The Annual data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Annual (NMGRXDCRUA), retrieved from FRED.