Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Estonia
Seasonally Adjusted
SLRTTO01EEA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.98
Year-over-Year Change
45.43%
Date Range
1/1/1998 - 1/1/2023
Summary
The Seasonally Adjusted series measures retail sales over time, adjusted for typical seasonal variations. It provides a clear view of underlying economic trends.
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 series represents total retail sales in the United States, with seasonal fluctuations removed to reveal the core business cycle. It is a key economic indicator used by policymakers and analysts to assess consumer demand and broader economic health.
Methodology
The U.S. Census Bureau collects retail sales data and applies statistical adjustments to account for seasonal patterns.
Historical Context
Retail sales are a leading indicator of consumer spending, which makes up a large portion of U.S. economic activity.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Seasonal adjustments remove predictable fluctuations like holiday shopping.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures total retail sales in the United States, with typical seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and overall economic health, making this series highly relevant for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects monthly retail sales data and applies statistical adjustments to account for seasonal patterns.
Q: How is this trend used in economic policy?
A: Retail sales data informs monetary and fiscal policy decisions, as consumer spending is a major driver of economic growth.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted retail sales data is released monthly with a typical delay of a few weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SLRTTO01EEA661S), retrieved from FRED.