International Merchandise Trade Statistics: Exports: Commodities for Saudi Arabia
Growth rate same period previous year, Monthly, Seasonally Adjusted
SAUXTEXVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-14.04
Year-over-Year Change
-325.35%
Date Range
5/1/2017 - 5/1/2025
Summary
This economic indicator measures the year-over-year growth rate of monthly retail sales, adjusted for seasonal variations. It provides insights into consumer spending and the overall strength of the economy.
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 growth rate same period previous year, monthly, seasonally adjusted series tracks the annualized change in retail sales from the same month in the prior year, after accounting for typical seasonal patterns. This metric is a key indicator of consumer demand and economic momentum.
Methodology
The U.S. Census Bureau collects retail sales data from a sample of businesses and calculates the seasonally adjusted growth rate.
Historical Context
Economists and policymakers monitor this trend to assess the health of the consumer sector and make informed decisions.
Key Facts
- The series is published monthly by the U.S. Census Bureau.
- Retail sales account for about 40% of overall consumer spending in the U.S.
- Year-over-year growth in this metric has averaged around 4% historically.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year growth rate of monthly retail sales in the United States, after adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key driver of economic growth, so this metric provides important insights into consumer demand and the overall health of the economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data from a sample of businesses and calculates the seasonally adjusted year-over-year growth rate.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess consumer spending patterns and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be revisions to previous months' figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (SAUXTEXVA01GYSAM), retrieved from FRED.