Sales: Manufacturing: Investment Goods: Volume for Germany
Annual, Not Seasonally Adjusted
SLMNVG01DEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.31
Year-over-Year Change
18.72%
Date Range
1/1/1960 - 1/1/2018
Summary
This series measures the annual, not seasonally adjusted total value of new manufacturing and trade sales for the U.S. retail and food services sector. It provides a high-level indicator of consumer demand 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
The Annual, Not Seasonally Adjusted retail and food services sales trend represents the total dollar value of all sales transactions for the retail and food services industries in the United States over a 12-month period. It is a key gauge of consumer spending and broader macroeconomic conditions.
Methodology
The data is collected through monthly surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of the consumer economy and inform decisions around monetary and fiscal policy.
Key Facts
- Annual retail and food services sales totaled over $6.6 trillion in 2022.
- Consumer spending makes up about 70% of U.S. GDP.
- The retail sector employs over 15 million people in the U.S.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total annual value of retail and food services sales in the United States, providing a high-level indicator of consumer demand and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail and food services sales are a crucial component of overall consumer spending, which makes up the largest portion of U.S. economic activity. This metric helps policymakers and analysts assess the health of the consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor retail sales data to gauge consumer confidence and inform decisions around monetary and fiscal policy, as well as to identify broader macroeconomic trends.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SLMNVG01DEA661N), retrieved from FRED.