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Chicago Fed Advance Retail Trade Summary Weekly Index of Retail Trade (CARTSI)

Observation:

2021-09-28: 505,721  
Updated: Oct 14, 2021

Units:

Millions of Dollars,
Seasonally Adjusted

Frequency:

Weekly
1Y | 5Y | 10Y | Max

NOTES

Source: Federal Reserve Bank of Chicago  

Release: Chicago Fed Advance Retail Trade Summary  

Units:  Millions of Dollars, Seasonally Adjusted

Frequency:  Weekly

Notes:

As described in Introducing CARTS: A New Index Tracking National Retail Spending, The Chicago Fed Advance Retail Trade Summary (CARTS) refers to a weekly index of national retail spending that tracks the U.S. Census Bureau's Monthly Retail Trade Survey (MRTS) using a mixed-frequency dynamic factor model to combine high-frequency time series from five private companies (Consumer Edge, Facteus, Morning Consult, SafeGraph, and Womply), as well as two federal agencies (the U.S. Energy Information Administration and the U.S. Census Bureau).

The first release of the month covers the entirety of the previous month (final release), and the second release covers the first half of the current month (preliminary release). All weekly data are adjusted such that each month has four weeks, running from the 1st through 7th, 8th through 14th, 15th through 21st, and 22nd through the final day of the month. Additional information is available online.

The CARTS weekly index series measures retail trade in millions of dollars.

For technical details, see:

Brave, Scott A., Michael Fogarty, Daniel Aaronson, Ezra Karger, and Spencer Krane, 2021, Tracking U.S. consumers in real time with a new weekly index of retail trade, Working Paper 2021-05, Federal Reserve Bank of Chicago. Crossref, https://doi.org/10.21033/wp-2021-052

Suggested Citation:

Federal Reserve Bank of Chicago, Chicago Fed Advance Retail Trade Summary Weekly Index of Retail Trade [CARTSI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CARTSI, October 18, 2021.

RELEASE TABLES

Chicago Fed Advance Retail Trade Summary






Retrieving data.
Updating graph.

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