Real Imports of Services for Russia
Annual
NMSRXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,152,869.30
Year-over-Year Change
444.94%
Date Range
1/1/1990 - 1/1/2021
Summary
The Annual trend measures the annual change in retail sales at drugstores and health and personal care stores 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
The Annual trend tracks the year-over-year percent change in retail sales at establishments such as pharmacies, cosmetics stores, and other health and personal care retailers. This metric is widely monitored by economists and policymakers to gauge the health of the consumer sector and overall economy.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
The Annual trend informs decision-making by the Federal Reserve and other institutions charged with managing economic conditions.
Key Facts
- The Annual trend reached a high of 13.8% in 2020.
- Drugstores and health/personal care stores account for about 20% of total retail sales.
- Annual growth averaged 4.5% from 2015-2019 before the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in retail sales at drugstores, pharmacies, and other health and personal care stores in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending and economic activity, providing insights into the health of the consumer sector and overall economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Annual trend informs decision-making by the Federal Reserve and other institutions responsible for managing economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Annual (NMSRXDCRUA), retrieved from FRED.