Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Index 2015=100, Annual, Not Seasonally Adjusted
SLRTCR03EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.09
Year-over-Year Change
-23.72%
Date Range
1/1/2003 - 1/1/2020
Summary
The 'Index 2015=100, Annual, Not Seasonally Adjusted' series measures the annual, non-seasonally adjusted retail sales index, with a base year of 2015. This metric provides important insights into 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 index tracks the dollar value of merchandise sold by retailers. It is a key indicator of consumer demand and confidence, which drives a large portion of economic growth. Analysts and policymakers use this data to assess the health of the broader economy.
Methodology
The U.S. Census Bureau collects retail sales data from a representative sample of businesses and calculates the index.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The retail sales index has a base year of 2015.
- Retail sales account for a significant portion of U.S. GDP.
- The index is reported on an annual, non-seasonally adjusted basis.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual, Not Seasonally Adjusted' series measures the annual, non-seasonally adjusted retail sales index, with a base year of 2015.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and economic activity, making this index highly relevant for analysts, policymakers, and anyone interested in understanding the health of the broader economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data from a representative sample of businesses and calculates the index.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales index is reported on an annual, non-seasonally adjusted basis, which may result in some delay or limitations compared to more frequent or seasonally adjusted data.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (SLRTCR03EEA661N), retrieved from FRED.