Sales: Retail Trade: Total Retail Trade: Value for Austria
Index 2015=100, Quarterly, Not Seasonally Adjusted
SLRTTO02ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.50
Year-over-Year Change
12.77%
Date Range
1/1/1960 - 7/1/2023
Summary
This economic series measures the Total Retail Trade and Food Services sales index in the United States on a quarterly basis. 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 Total Retail Trade and Food Services sales index tracks the dollar value of sales by retail and food service establishments across the U.S. It serves as a barometer for the overall health of the consumer economy.
Methodology
The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
This index is closely monitored by policymakers, economists, and market analysts to gauge consumer demand and its implications for the broader economy.
Key Facts
- Tracks over $5 trillion in annual retail and food service sales.
- Considered a leading indicator of economic growth.
- Saw record declines during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of total retail trade and food services sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The retail sales index is a key indicator of consumer demand and economic activity, providing insight into the health of the consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this index to gauge consumer spending and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (SLRTTO02ATQ661N), retrieved from FRED.