All Employees: Professional and Business Services in Rhode Island
Monthly, Not Seasonally Adjusted
RIPBSVN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.90
Year-over-Year Change
2.97%
Date Range
1/1/1990 - 7/1/2025
Summary
The Retail Sales: Building Material, Garden Equipment, and Supply Dealers Not Seasonally Adjusted trend measures retail sales of building materials, garden equipment, and supplies in the United States on a monthly basis without seasonal adjustments. This indicator provides insights into consumer spending and demand in the construction and home improvement sectors.
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 Retail Sales: Building Material, Garden Equipment, and Supply Dealers Not Seasonally Adjusted data series tracks the value of sales at retail establishments that sell building materials, home improvement supplies, and lawn and garden equipment. This measure is an important indicator of economic activity, consumer confidence, and construction industry trends.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retail businesses.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to gauge the health of the housing and construction markets.
Key Facts
- Retail sales of building materials, garden equipment, and supplies account for over 5% of total U.S. retail trade.
- This indicator is considered a leading economic indicator, as it reflects consumer confidence and investment in home improvement projects.
- Data for this series is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales: Building Material, Garden Equipment, and Supply Dealers Not Seasonally Adjusted trend measures monthly retail sales of building materials, home improvement supplies, and lawn and garden equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending and demand in the construction and home improvement sectors, which are important drivers of economic activity. It is closely monitored by economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health of the housing and construction markets, which have significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data for this series is released monthly by the U.S. Census Bureau, with a typical delay of around two weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Retail Sales: Building Material, Garden Equipment, and Supply Dealers Not Seasonally Adjusted (RIPBSVN), retrieved from FRED.