Value of Total Retail Trade sales for Canada
Quarterly
SLRTTO02CAQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53,587,085,333.33
Year-over-Year Change
17.51%
Date Range
1/1/1960 - 4/1/2018
Summary
The Quarterly Trend measures the total revenue of the U.S. retail and food services industries on a quarterly basis. This key indicator provides insights into consumer spending and the overall health of the economy.
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 Quarterly Trend tracks the total dollar value of sales by U.S. retail and food service establishments, including in-store and online transactions. It is a widely followed indicator of consumer demand and a barometer of economic activity.
Methodology
The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
The Quarterly Trend is closely monitored by economists, policymakers, and investors to gauge consumer confidence and forecast broader economic trends.
Key Facts
- Quarterly retail sales totaled $1.7 trillion in 2022 Q3.
- E-commerce accounted for 14.8% of total retail sales in 2022 Q3.
- The Quarterly Trend reached a record high in 2022 Q3.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Trend measures the total dollar value of sales by U.S. retail and food service establishments on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Trend is a key indicator of consumer spending and economic activity, providing insights into the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Trend is closely monitored by economists, policymakers, and investors to gauge consumer confidence and forecast broader economic trends.
Q: Are there update delays or limitations?
A: The Quarterly Trend data is released with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly (SLRTTO02CAQ189N), retrieved from FRED.