Sales: Retail Trade: Total Retail Trade: Volume for Denmark
Growth rate same period previous year, Quarterly
SLRTTO01DKQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
-528.60%
Date Range
1/1/1969 - 1/1/2025
Summary
The growth rate same period previous year, Quarterly measures the year-over-year change in total retail sales in the United States. This key economic indicator provides 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
This quarterly metric tracks the percent change in total retail sales compared to the same quarter of the previous year. It offers a valuable perspective on the strength and trajectory of consumer demand, a major driver of the U.S. economy.
Methodology
The data is collected through surveys of retail and food service firms by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this indicator to assess the health of the consumer sector and inform economic decision-making.
Key Facts
- The growth rate reached a low of -6.4% in Q2 2020 due to the COVID-19 pandemic.
- Retail sales account for nearly 30% of total U.S. economic activity.
- This indicator is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Quarterly tracks the year-over-year percent change in total retail sales in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into consumer spending, a critical component of the U.S. economy. It helps economists and policymakers assess the strength of the consumer sector and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to gauge consumer demand and inform decisions related to monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Census Bureau, with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (SLRTTO01DKQ659S), retrieved from FRED.