Sales: Retail Trade: Total Retail Trade: Value for Russia
Annual, Not Seasonally Adjusted
SLRTTO02RUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,822,808,333,333.33
Year-over-Year Change
142.92%
Date Range
1/1/1994 - 1/1/2020
Summary
This economic trend measures the annual, not seasonally adjusted retail sales in the U.S. retail sector. It provides valuable insights into consumer spending patterns and helps policymakers monitor 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 Annual, Not Seasonally Adjusted retail sales trend tracks the total dollar value of retail and food service sales on an annual basis, without adjusting for seasonal variations. It is a key indicator of consumer demand and economic activity, as retail sales account for a significant portion of overall economic output.
Methodology
The data is collected through monthly surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to assess the strength of consumer spending and make informed decisions about economic policy.
Key Facts
- Retail sales account for approximately 70% of U.S. economic activity.
- The annual retail sales trend has shown steady growth in recent years.
- Consumer spending is a key driver of economic growth in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of retail and food service sales in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and the overall health of the U.S. economy, which is crucial for policymakers, investors, and economic analysts.
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 closely monitor this trend to assess the strength of consumer demand and make informed decisions about economic policies, such as interest rates and fiscal measures.
Q: Are there update delays or limitations?
A: The annual retail sales data is typically released 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, Annual, Not Seasonally Adjusted (SLRTTO02RUA189N), retrieved from FRED.