Nominal Imports of Services for Saudi Arabia
Annual
NMSXDCSAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184,701.10
Year-over-Year Change
-25.96%
Date Range
1/1/2005 - 1/1/2021
Summary
The Annual Retail Sales trend measures the total value of retail sales in the United States on an annual basis. This metric is a key indicator of consumer spending 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
The Annual Retail Sales trend represents the total revenue generated by retail establishments in the U.S. over a 12-month period. It is a widely followed economic indicator that provides insights into consumer confidence and the strength of the domestic market.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and investors to gauge the health of the U.S. economy.
Key Facts
- Retail sales account for about 30% of total U.S. economic activity.
- Annual retail sales reached a record high of $6.7 trillion in 2021.
- The COVID-19 pandemic significantly impacted retail sales in 2020.
FAQs
Q: What does this economic trend measure?
A: The Annual Retail Sales trend measures the total value of retail sales in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and economic activity, providing insights into the strength of the domestic market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and investors to gauge the health of the U.S. economy and inform economic decisions.
Q: Are there update delays or limitations?
A: The Annual Retail Sales data is typically released with a 1-2 month delay due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Annual Retail Sales (NMSXDCSAA), retrieved from FRED.