Sales: Retail Trade: Car Registration: Passenger Cars for Czech Republic
Growth rate previous period, Quarterly, Seasonally Adjusted
SLRTCR03CZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-24.42
Year-over-Year Change
416.39%
Date Range
4/1/2003 - 10/1/2018
Summary
This economic trend measures the quarterly growth rate of real retail and food services sales in the United States, adjusted for seasonal variations. It provides important insights into consumer spending patterns 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 growth rate previous period, quarterly, seasonally adjusted indicator tracks the quarter-over-quarter percentage change in real retail and food services sales, which are a key measure of consumer demand and a crucial component of GDP. This data point helps economists and policymakers assess the health and trajectory of the U.S. economy.
Methodology
The U.S. Census Bureau collects and calculates this data based on monthly surveys of retail and food service establishments.
Historical Context
This economic indicator is widely used by analysts, investors, and policymakers to inform decisions and policies related to consumer spending, monetary policy, and overall economic conditions.
Key Facts
- Real retail and food services sales account for nearly 40% of U.S. GDP.
- The growth rate has averaged 0.4% per quarter over the past 10 years.
- Rapid changes in this indicator can signal shifts in consumer confidence and economic momentum.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly growth rate of real retail and food services sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into consumer spending patterns and overall economic activity, which are crucial for informing economic analysis, policymaking, and investment decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail and food service establishments and calculates the quarter-over-quarter growth rate.
Q: How is this trend used in economic policy?
A: Analysts, investors, and policymakers use this indicator to assess consumer demand, gauge the health of the economy, and inform decisions related to monetary policy, fiscal policy, and overall economic management.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Census Bureau, with a typical delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (SLRTCR03CZQ657S), retrieved from FRED.