Sales: Retail Trade: Total Retail Trade: Volume for Estonia
Growth rate same period previous year
SLRTTO01EEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
-74.24%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of retail sales. It is a key indicator of consumer spending and 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 for retail sales tracks changes in the value of consumer purchases over a 12-month period. This metric is widely used by economists and policymakers to assess the strength of the consumer sector and broader economic trends.
Methodology
The U.S. Census Bureau collects retail sales data through monthly surveys of businesses.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other institutions in evaluating the health of the economy.
Key Facts
- Retail sales account for nearly 30% of total U.S. economic activity.
- The growth rate has averaged 3.9% over the last 10 years.
- Consumer spending drives over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year for retail sales tracks the year-over-year change in the value of consumer purchases.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a key indicator of consumer spending and economic activity, making this metric widely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through monthly surveys of businesses.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely watched by the Federal Reserve and other institutions in evaluating the strength of the consumer sector and the broader economy.
Q: Are there update delays or limitations?
A: The retail sales data is released monthly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (SLRTTO01EEQ659S), retrieved from FRED.