Sales: Retail Trade: Total Retail Trade: Value for Russia
Quarterly, Not Seasonally Adjusted
SLRTTO02RUQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,708,133,333,333.33
Year-over-Year Change
16.10%
Date Range
1/1/1994 - 7/1/2018
Summary
This economic trend measures total retail sales in the U.S. on a quarterly, non-seasonally adjusted basis. Retail sales data 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 sales metric tracks the dollar value of sales by U.S. retail and food service establishments. It serves as a barometer for consumer demand and confidence across a range of industries.
Methodology
The U.S. Census Bureau collects retail sales data through monthly surveys of retail businesses.
Historical Context
Retail sales data is closely monitored by economists, policymakers, and market analysts to assess the health of the U.S. economy.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- Quarterly retail sales data is released approximately 2 months after each quarter ends.
- Robust retail sales growth is considered a positive signal for the broader economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of retail and food service sales in the United States on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer spending and overall economic activity, providing insights into the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through monthly surveys of retail and food service establishments nationwide.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and market analysts to assess consumer demand, guide fiscal and monetary policy decisions, and forecast economic growth.
Q: Are there update delays or limitations?
A: The quarterly, non-seasonally adjusted retail sales data is released approximately 2 months after the end of each quarter, with a potential for minor revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (SLRTTO02RUQ189N), retrieved from FRED.