Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Number, Monthly level, Annual
SLRTCR03EEA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,844.26
Year-over-Year Change
113.66%
Date Range
1/1/2003 - 1/1/2022
Summary
This series measures the monthly level of retail sales of retail trade and food services, adjusted for seasonal variations and calendar effects, in the United States. It is a key 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 series tracks the total revenue generated by retail and food service establishments. It is a widely followed economic indicator that provides insight into consumer demand and the overall health of the U.S. economy.
Methodology
The data is collected through surveys of retail and food service businesses and adjusted for seasonal factors.
Historical Context
Retail sales figures are closely monitored by policymakers, analysts, and investors to gauge consumer confidence and make informed decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The data is released monthly by the U.S. Census Bureau.
- Retail sales are a leading indicator of overall economic health.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly level of retail sales in the United States, providing insight into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a key indicator of consumer demand and the overall health of the U.S. economy, making them closely monitored by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service businesses and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: Retail sales data is used by policymakers, economists, and market participants to gauge consumer confidence and make informed decisions about economic policy and investment strategies.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly by the U.S. Census Bureau, with a typical delay of a few weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Retail Sales: Total (including Food Services) (SLRTCR03EEA180S), retrieved from FRED.