Sales: Retail Trade: Total Retail Trade: Value for Estonia
Index 2015=100, Annual, Not Seasonally Adjusted
SLRTTO02EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174.13
Year-over-Year Change
142.17%
Date Range
1/1/1995 - 1/1/2022
Summary
This economic trend measures retail trade and food services sales in the United States. It is a key indicator of 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
The Retail Trade and Food Services Sales Index tracks the total value of sales by retailers across the country. It is a widely followed metric that provides insights into consumer demand and the health of the broader economy.
Methodology
The data is collected through monthly surveys of a sample of retail and food service firms.
Historical Context
Economists and policymakers closely monitor this index to gauge consumer confidence and make informed decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Retail and food services sales account for nearly 50% of total consumer spending in the U.S.
- The index is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail trade and food services sales in the United States. It provides a broad indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This index is a closely watched metric that offers insights into consumer demand and the overall health of the economy. It is used by economists, policymakers, and market analysts to assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail and food service firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this index to gauge consumer confidence and make informed decisions about monetary and fiscal policies that can impact economic growth and stability.
Q: Are there update delays or limitations?
A: The index is released monthly, with a typical delay of around two weeks following the end of the reference period. There may be revisions to the data in subsequent releases.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (SLRTTO02EEA661N), retrieved from FRED.