Sales: Retail Trade: Total Retail Trade: Volume for Canada
Growth rate same period previous year, Quarterly
SLRTTO01CAQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.64
Year-over-Year Change
64.67%
Date Range
1/1/1971 - 1/1/2022
Summary
This economic indicator measures the year-over-year growth rate of retail and food services sales in the United States on a quarterly basis. It provides important insights into consumer spending and overall 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 Growth rate same period previous year, Quarterly indicator tracks the percent change in retail and food services sales compared to the same quarter in the previous year. It is a key metric used by economists and policymakers to monitor consumer demand and gauge the health of the broader economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau through monthly surveys of retail and food services establishments.
Historical Context
This trend is closely watched by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The indicator is published on a quarterly basis.
- It covers a wide range of retail and food services establishments.
- The data is seasonally adjusted to account for regular fluctuations.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of retail and food services sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending and overall economic activity, making it a key metric for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through monthly surveys of retail and food services establishments.
Q: How is this trend used in economic policy?
A: This trend is closely watched by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The indicator is published on a quarterly basis, with a typical release delay of approximately two months.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Canada
LRUN55TTCAM156S
Fertility Rate, Total for Canada
SPDYNTFRTINCAN
Bank's Return on Assets for Canada
DDEI05CAA156NWDB
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Canada
LREM24TTCAM156S
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for Canada
CANLOLITOTRSTSAM
Mutual Fund Assets to GDP for Canada
DDDI07CAA156NWDB
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (SLRTTO01CAQ659S), retrieved from FRED.