Sales: Retail Trade: Car Registration: Passenger Cars for Hungary
Growth rate previous period, Quarterly, Seasonally Adjusted
SLRTCR03HUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.18
Year-over-Year Change
-174.43%
Date Range
4/1/2003 - 10/1/2019
Summary
This economic trend measures the quarterly growth rate of real retail sales, adjusted for seasonal variations. It provides insights 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
The growth rate of real retail sales is a widely followed indicator of consumer demand and economic momentum. It tracks the quarterly percent change in the volume of sales at retail establishments, providing a timely gauge of consumer behavior and sentiment.
Methodology
The data is collected through monthly surveys of retail and food service firms and adjusted for seasonal variations.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health of the consumer sector and its implications for broader economic conditions.
Key Facts
- The growth rate is measured as the quarter-over-quarter percent change in real retail sales.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Rapid growth in retail sales can signal increased inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly growth rate of real (inflation-adjusted) retail sales in the United States, seasonally adjusted.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of retail sales is a key indicator of consumer demand and economic momentum, as consumer spending comprises a large portion of U.S. GDP.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the consumer sector and its implications for broader economic conditions, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a brief lag, providing a timely but not real-time view of consumer spending trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (SLRTCR03HUQ657S), retrieved from FRED.