Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal
Quarterly
PRTSARTQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.84
Year-over-Year Change
35.33%
Date Range
1/1/1990 - 1/1/2024
Summary
The Quarterly Retail Sales: Total excluding Motor Vehicles and Parts (NAICS) measures the total value of retail sales in the United States, excluding automobile and auto parts dealers, on a quarterly basis.
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 economic indicator provides insight into the overall health of the U.S. retail sector, which is a significant component of the broader economy. It is widely used by economists, policymakers, and market analysts to assess consumer spending trends and gauge the strength of economic growth.
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 for their implications on monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. GDP.
- The indicator excludes motor vehicle and parts dealers for a more accurate picture of broader consumer spending.
- Quarterly data is released with a lag of approximately one month.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales: Total excluding Motor Vehicles and Parts (NAICS) measures the total value of retail sales in the United States, excluding automobile and auto parts dealers, on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall health of the U.S. retail sector, which is a significant component of the broader economy. It is widely used by economists, policymakers, and market analysts to assess consumer spending trends and gauge the strength of economic growth.
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 for their implications on monetary and fiscal policy decisions, as they provide valuable insights into consumer spending patterns and the overall strength of the economy.
Q: Are there update delays or limitations?
A: The quarterly data is released with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly Retail Sales: Total excluding Motor Vehicles and Parts (NAICS) (PRTSARTQISMEI), retrieved from FRED.