Production: Manufacturing: Investment Goods: Total for Denmark
Quarterly, Seasonally Adjusted
PRMNVG01DKQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.20
Year-over-Year Change
0.58%
Date Range
1/1/1974 - 7/1/2023
Summary
The Quarterly, Seasonally Adjusted economic trend measures the total volume of retail sales for the U.S. grocery and related product stores. 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
This retail sales index tracks the monthly dollar value of sales for establishments primarily engaged in retailing food and beverage products, including supermarkets, grocery stores, and convenience stores. It is a widely followed metric for assessing the health of the consumer sector.
Methodology
The data is collected through monthly surveys of retail businesses and seasonally adjusted to account for typical annual variations.
Historical Context
The Quarterly, Seasonally Adjusted retail sales trend is closely watched by policymakers, economists, and market analysts to gauge consumer confidence and the broader direction of the U.S. economy.
Key Facts
- Grocery and related product stores account for over $700 billion in annual U.S. retail sales.
- Retail sales are a leading indicator of consumer demand and economic growth.
- The Quarterly, Seasonally Adjusted data is published by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the total dollar volume of retail sales for U.S. grocery and related product stores, a key indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This retail sales metric is closely watched by policymakers, economists, and market analysts as it provides valuable insights into consumer confidence and the overall direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses and seasonally adjusted to account for typical annual variations.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted retail sales trend is used by policymakers, economists, and market analysts to assess consumer demand, inform economic forecasts, and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately one month, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMNVG01DKQ661S), retrieved from FRED.