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This document is a form used by businesses to report their retail sales and operations data to the U.S. Census Bureau for statistical purposes, as required by law.
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How to fill out annual retail trade report
How to fill out ANNUAL RETAIL TRADE REPORT
01
Obtain the ANNUAL RETAIL TRADE REPORT form from the appropriate government agency or website.
02
Start by filling out the basic information section, including your business name, address, and contact details.
03
Provide information on the type of retail business you operate.
04
Enter your sales data, including total sales figures for the reporting period.
05
Report on inventory levels as of the end of the period, including the value of unsold goods.
06
Include any additional required financial data such as cost of goods sold and operating expenses.
07
Review the report for accuracy and completeness before signing and dating it.
08
Submit the completed report as instructed, ensuring it is sent by the deadline.
Who needs ANNUAL RETAIL TRADE REPORT?
01
Retail businesses operating in the relevant jurisdiction that are required to report sales and inventory data for statistical purposes.
02
Government agencies that use the report to analyze economic trends in the retail sector.
03
Researchers and policymakers who require data for economic planning and development.
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People Also Ask about
What is the current retail sales report?
US Retail Sales is at a current level of 636.52B, up from 627.90B last month and up from 608.66B one year ago. This is a change of 1.37% from last month and 4.58% from one year ago. US Retail Sales measures the total sales within the US economy excluding food services.
What time is the US retail sales report?
The retail sales number is a crucial data point in the United States and its release is one of the most market-moving events of the month. The data hits the newswires at 8:30 Eastern Time on or around the 13th of every month.
What is the monthly retail trade survey?
The U.S. Census Bureau conducts the Advance Monthly Retail Trade and Food Services Survey to provide an early estimate of monthly sales by kind of business for retail and food service firms located in the United States.
What is the US real retail sales data?
Basic Info. US Real Retail Sales is at a current level of 199.15B, up from 196.36B last month and up from 195.02B one year ago. This is a change of 1.42% from last month and 2.12% from one year ago.
What is retail trade in English?
Retail trade consists of selling merchandise in the state that it is purchased (or after minor transformations), generally to a customer base of private individuals, regardless of the quantities sold.
What is the retail sales forecast for the US?
NRF Forecasts 2025 Retail Sales to Hit $5.42 Trillion, Despite Economic Uncertainty. “Overall, the economy has shown continued momentum so far in 2025 — bolstered by low unemployment and real wage gains — however, significant policy uncertainty is weighing on consumer and business confidence.”
What is a retail sales report?
Basic Info. US Real Retail Sales is at a current level of 199.15B, up from 196.36B last month and up from 195.02B one year ago. This is a change of 1.42% from last month and 2.12% from one year ago.
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What is ANNUAL RETAIL TRADE REPORT?
The Annual Retail Trade Report is a statistical report that collects data on the retail sector's sales, inventory, and operating expenses to provide comprehensive insights into the retail industry in terms of growth and economic contribution.
Who is required to file ANNUAL RETAIL TRADE REPORT?
Businesses engaged in retail trade operations that meet specific size and revenue thresholds are required to file the Annual Retail Trade Report, typically including large chain stores and significant independent retailers.
How to fill out ANNUAL RETAIL TRADE REPORT?
To fill out the Annual Retail Trade Report, businesses need to gather relevant data such as total sales, inventory levels, and operating expenses. They then complete the form according to the provided instructions, ensuring accuracy and compliance with reporting standards.
What is the purpose of ANNUAL RETAIL TRADE REPORT?
The purpose of the Annual Retail Trade Report is to gather qualitative and quantitative information about the retail sector to inform economic research, policy making, and business strategies, ultimately supporting economic analysis and retail industry growth.
What information must be reported on ANNUAL RETAIL TRADE REPORT?
The information required on the Annual Retail Trade Report typically includes total revenue from sales, inventory levels at the beginning and end of the year, expenses, number of employees, and details regarding the types of goods sold.
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