Sales: Retail Trade: Total Retail Trade: Value for Sweden
Quarterly, Seasonally Adjusted
SLRTTO02SEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.42
Year-over-Year Change
18.41%
Date Range
1/1/1991 - 7/1/2023
Summary
This quarterly, seasonally adjusted economic trend measures total retail 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 Quarterly Retail and Food Services Sales indicator tracks the total value of sales at retail and food service establishments across the country. It is a widely followed metric that provides insights into consumer demand, business investment, and the broader state of the U.S. economy.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retail and food service businesses.
Historical Context
Retail sales figures are closely monitored by policymakers, economists, and market analysts to assess the health of the consumer sector and the overall economy.
Key Facts
- Retail and food services sales account for nearly 50% of total consumer spending in the U.S.
- Sales typically rise during periods of economic expansion and fall during recessions.
- The data is seasonally adjusted to account for predictable fluctuations throughout the year.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of sales at retail and food service establishments in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and overall economic activity, making this metric highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail and food service businesses across the country.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers to assess the health of the consumer sector and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SLRTTO02SEQ661S), retrieved from FRED.