Nominal Exports of Goods and Services for Argentina
Annual, Not Seasonally Adjusted
NXXDCARA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,044,748.40
Year-over-Year Change
20688.30%
Date Range
1/1/2004 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total value of retail sales, excluding motor vehicles and parts, on an annual, non-seasonally adjusted basis. This metric provides insight into broader consumer spending patterns.
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 annual retail sales data, excluding auto-related purchases, offers a comprehensive view of consumer demand for goods and services. Economists and policymakers analyze this trend to gauge the overall health of the U.S. economy and consumer confidence.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this metric to assess consumer spending and its impact on economic growth.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending drives approximately two-thirds of GDP.
- Annual retail sales data excludes volatile motor vehicle purchases.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales, excluding motor vehicles and parts, on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into broader consumer spending patterns, which is a key driver of economic growth and a crucial indicator of overall economic health.
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 use this metric to assess consumer spending and its impact on economic growth, which informs decision-making and policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of around two weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXXDCARA), retrieved from FRED.