Sales: Retail Trade: Car Registration: Passenger Cars for Sweden
Growth rate previous period, Quarterly, Seasonally Adjusted
SLRTCR03SEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-49.27
Year-over-Year Change
-1146.01%
Date Range
4/1/1973 - 7/1/2018
Summary
This economic trend measures the quarter-over-quarter growth rate of real retail sales in the United States, adjusted for seasonal variations. It provides important insights into consumer spending patterns and overall economic health.
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 previous period, quarterly, seasonally adjusted statistic tracks the percent change in real retail sales compared to the prior quarter. It is a key indicator of consumer demand and confidence, which are crucial drivers of broader economic activity.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail establishments.
Historical Context
This trend is closely watched by policymakers, economists, and market analysts to assess the strength of the consumer sector and make informed decisions.
Key Facts
- Retail sales account for nearly 30% of total U.S. economic activity.
- The growth rate peaked at 9.1% in Q3 2020 as the economy rebounded from the COVID-19 pandemic.
- Sustained declines in this metric can signal an impending economic recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in real retail sales in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending patterns, a crucial driver of overall economic activity. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on monthly surveys of retail establishments.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the strength of the consumer sector and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (SLRTCR03SEQ657S), retrieved from FRED.