Sales: Retail Trade: Car Registration: Passenger Cars for Denmark
Number, Monthly level, Annual, Seasonally Adjusted
SLRTCR03DKA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,513.08
Year-over-Year Change
3.31%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures the monthly level of retail sales, adjusted for seasonal variations. It serves as an important indicator of consumer spending 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 retail sales indicator tracks the total value of sales by retailers, providing insight into the health and momentum of the consumer sector. It is a key metric used by economists and policymakers to assess the strength of the broader economy.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The retail sales indicator is released monthly by the U.S. Census Bureau.
- Robust retail sales often signal a healthy consumer-driven economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly value of sales by retailers, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer spending and economic activity, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the Census Bureau, with a typical delay of a few weeks from the end of the reporting period.
Related Trends
Number of Identified Exporters to Denmark from Florida
FLDNKA475SCEN
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Denmark
LRAC25MADKQ156S
Consumer Price Index: Harmonized Prices: Food and Non-Alcoholic Beverages (COICOP 01): Total for Denmark
DNKCPHP0100GPM
Lerner Index in Banking Market for Denmark
DDOI04DKA066NWDB
International Trade: Net Trade: Value (Goods): Total for Denmark
DNKXTNTVA01STSAQ
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Denmark
DNKFCLODCXDC
Citation
U.S. Federal Reserve, Number, Monthly level, Annual, Seasonally Adjusted (SLRTCR03DKA180S), retrieved from FRED.