Total Construction Spending: Residential in the United States
Millions of Dollars, Not Seasonally Adjusted
TLRESCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82,766.00
Year-over-Year Change
-6.22%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total value of retail sales in the United States. It is a key economic indicator that reflects 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
This series tracks the total dollar value of retail and food service sales, excluding motor vehicles and parts. It provides insight into consumer demand and confidence, which are important factors in economic growth and policy decisions.
Methodology
The data is collected through monthly surveys of retail and food service establishments.
Historical Context
Retail sales data is closely monitored by policymakers, analysts, and investors to gauge the health of the consumer economy.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Consumer spending has increased by over 50% in the last 20 years.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total value of retail sales in the United States, excluding motor vehicles and parts.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key indicator of consumer demand and overall economic activity, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is closely monitored by the Federal Reserve and other policymakers to assess the health of the consumer economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The retail sales data is released on a monthly basis, 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, Millions of Dollars, Not Seasonally Adjusted (TLRESCON), retrieved from FRED.