128k views
2 votes
What percentage of retail dollars flow through units in the US?

User Emed
by
7.1k points

1 Answer

2 votes

Final answer:

The proportion of retail dollars flowing through units in the U.S. is examined by government surveys and censuses, with sectors like Petroleum, Energy, and Automobiles representing significant shares.

Step-by-step explanation:

Understanding the flow of retail dollars through business units in the U.S. can be ascertained by examining data collected by governmental agencies.

The Bureau of the Census periodically conducts detailed censuses and surveys, including a monthly survey of retail sales, that together provide significant insights into consumer trends and economic health.

Adjustments to these numbers are made considering foreign trade data, which includes both exports and imports affecting the retail landscape.

While exact percentages vary annually and are influenced by economic conditions, these figures are crucial in measuring what is consumed by the private sector.

According to data available from Table 7.1 of the U.S. Census in 2010, a considerable portion of retail sales can be attributed to specific industry sectors such as Petroleum, Energy, and Automobiles,.

Which represent billions of dollars in the retail market. These sectors are indicative of the larger trends in consumer spending and the flow of retail dollars.

Moreover, the flow of goods and services also significantly depends on trade relationships, as highlighted by the substantial amount of imports and exports between the U.S. and its trading partner countries.

For example, the U.S. imports a significant volume of textiles and apparel from China, as well as engaging in two-way trade with countries like Mexico, which further influences the retail sector's economic dynamics.

User JCLL
by
8.2k points