Monthly, Not Seasonally Adjusted
SMU72000003231500006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
-22.03%
Date Range
1/1/2001 - 12/1/2017
Summary
This economic trend measures the total value of monthly retail and food service sales in the United States, not adjusted for seasonal variations. It provides insight into consumer spending patterns 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 Monthly Retail and Food Services Sales indicator tracks the total dollar value of goods and services sold by businesses to consumers each month. It is a key metric for evaluating the health and trajectory of the U.S. economy and consumer confidence.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of retailers and food service establishments.
Historical Context
Policymakers and analysts closely monitor retail sales trends to assess consumer demand and make informed decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has increased by an average of 3.5% annually over the past decade.
- The COVID-19 pandemic caused a sharp decline in retail sales in 2020, but the sector has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly value of retail and food service sales in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data provides crucial insights into consumer spending patterns and the overall health of the U.S. economy, making it a key metric 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 establishments across the country.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor retail sales trends to gauge consumer demand and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The retail sales data is published monthly by the U.S. Census Bureau, with a typical release lag of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000003231500006), retrieved from FRED.