Gross Domestic Product: Retail Trade (44-45) in the Southeast BEA Region
SESTRETAILNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
466,802.40
Year-over-Year Change
18.90%
Date Range
1/1/2005 - 1/1/2025
Summary
The Gross Domestic Product: Retail Trade (44-45) in the Southeast BEA Region measures the economic output of the retail trade sector in the Southeast region of the United States. This metric is important for economists and policymakers to understand regional economic trends and the health of the retail industry.
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 series represents the inflation-adjusted value of goods and services produced by the retail trade sector in the Southeast region, which includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. Analyzing this regional data can provide insights into consumer spending patterns and the broader economic performance of the Southeast.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of their regional GDP estimates.
Historical Context
This metric is used by policymakers, businesses, and analysts to monitor the economic health of the Southeast region and inform decision-making.
Key Facts
- The Southeast region accounts for over 20% of U.S. GDP.
- Retail trade makes up approximately 6% of the Southeast's GDP.
- This metric is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted gross domestic product (GDP) of the retail trade sector in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic performance and consumer spending patterns in the Southeast, which is a crucial region for the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and analysts use this metric to monitor the economic health of the Southeast region and inform decision-making.
Q: Are there update delays or limitations?
A: This metric is released quarterly by the Bureau of Economic Analysis, with a typical 2-3 month delay from the end of the reference period.
Related Trends
Personal Consumption Expenditures: Services: Transportation Services for Southeast BEA Region
SESTPCETRANS
Real Gross Domestic Product: Trade (42, 44-45) in the Southeast BEA Region
SESTTRADERGSP
Chain-Type Quantity Index for Real GDP: State and Local in the Southeast BEA Region
SESTGOVSLQGSP
Real Gross Domestic Product: Miscellaneous Manufacturing (339) in the Southeast BEA Region
SESTMISCMANRGSP
Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Southeast BEA Region
SESTPCEVEH
Chain-Type Quantity Index for Real GDP: Arts, Entertainment, and Recreation (71) in the Southeast BEA Region
SESTARTENTRECQQGSP
Citation
U.S. Federal Reserve, Gross Domestic Product: Retail Trade (44-45) in the Southeast BEA Region (SESTRETAILNQGSP), retrieved from FRED.