Growth Rate Previous Period, Quarterly, Seasonally Adjusted
SLRTCR03G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.63
Year-over-Year Change
-50.20%
Date Range
7/1/1968 - 7/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter percent change in real retail and food services sales. This provides insight into the strength and direction of consumer spending, a key driver of economic growth.
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
This economic indicator tracks the quarterly percent change in real retail and food services sales, adjusted for seasonal variations. It serves as an important barometer of consumer demand and the overall health of the U.S. economy.
Methodology
The data is collected through surveys of retail and food service establishments and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this metric to assess the state of consumer spending and guide economic decision-making.
Key Facts
- Retail and food services sales account for nearly 50% of total personal consumption expenditures.
- The U.S. economy is primarily driven by consumer spending, which makes up over two-thirds of GDP.
- This metric is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter percent change in real retail and food services sales.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the strength and direction of consumer spending, which is a key driver of economic growth in the United States.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service establishments and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the state of consumer spending and guide economic decision-making.
Q: Are there update delays or limitations?
A: This metric is released monthly by the U.S. Census Bureau, providing timely data on the health of consumer spending.
Related Trends
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for G7
G7B6FATC01CXCUQ
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for G7
G7LFEM25MAGPQ
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for G7
G7SLRTCR03IXOBSAM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for G7
G7LREM64MASTQ
International Trade: Exports: Value (goods): Total for G7
G7XTEXVA01STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7
G7CPGREN01GYQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (SLRTCR03G7Q657S), retrieved from FRED.