Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
Seasonally Adjusted
OECDLRIN24TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.36
Year-over-Year Change
-1.88%
Date Range
7/1/2010 - 1/1/2025
Summary
The Seasonally Adjusted Retail Sales Indicator measures month-over-month changes in retail trade adjusted for seasonal variations. This metric is a key economic indicator used to assess the health and momentum of consumer spending.
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 Seasonally Adjusted Retail Sales Indicator is a composite index that tracks the total value of retail goods sold by merchants. Seasonal adjustments account for predictable variations in shopping patterns throughout the year, providing a clearer signal of underlying retail activity.
Methodology
The data is collected through surveys of retail establishments and adjusted for seasonal factors by the OECD.
Historical Context
Retail sales figures are closely monitored by policymakers, analysts, and investors as a barometer of consumer demand and economic growth.
Key Facts
- Retail sales account for nearly 70% of U.S. GDP.
- The U.S. is the world's largest retail market.
- E-commerce now makes up over 13% of total retail sales.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Retail Sales Indicator tracks monthly changes in the total value of retail goods sold, with adjustments to account for predictable seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a critical barometer of consumer demand and a key driver of economic growth, making this indicator highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and adjusted for seasonal factors by the OECD.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, who use them to assess the health of the consumer economy and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted Retail Sales Indicator is published monthly with a 1-2 month lag, and may be subject to revisions as more complete data becomes available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for OECD
OECDCPGRLE01GYM
Infra-Annual Labor Statistics: Inactivity Rate Male: 15 Years or over for OECD
OECDLRINTTMASTQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for OECD
OECDCPALTT01IXOBQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for OECD
OECDPRINTO01IXOBSAM
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
OECDLRIN24TTSTQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total
OECDNAEXKP01GPSAQ
Citation
U.S. Federal Reserve, OECD Retail Sales: Indicator (OECDLRIN24TTSTSAQ), retrieved from FRED.