Sales: Manufacturing: Consumer Goods Non-Durable: Value for Euro Area (19 Countries)
EA19SLMNCN02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.21
Year-over-Year Change
-0.07%
Date Range
1/1/1995 - 9/1/2023
Summary
The 'Sales: Manufacturing: Consumer Goods Non-Durable: Value for Euro Area (19 Countries)' tracks sales volumes of non-durable consumer goods produced by manufacturers in the Eurozone. This provides valuable insights into consumer demand and economic health.
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 economic indicator measures the sales volume of non-durable consumer goods produced by the manufacturing sector in the 19 Eurozone countries. It is a key metric for understanding consumer spending patterns and the overall state of the Eurozone economy.
Methodology
The data is collected through surveys of manufacturing firms in Eurozone member states.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to gauge consumer confidence and the trajectory of the Eurozone economy.
Key Facts
- The Eurozone accounts for 19 of the 27 member states of the European Union.
- Non-durable consumer goods include items like food, beverages, and personal care products.
- Sales of non-durable goods are a leading indicator of consumer confidence and economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the sales volume of non-durable consumer goods produced by the manufacturing sector in the 19 Eurozone countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer demand and the overall health of the Eurozone economy, making it an important tool for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms in Eurozone member states.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, economists, and investors to gauge consumer confidence and the trajectory of the Eurozone economy.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the surveys conducted across Eurozone member states.
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Citation
U.S. Federal Reserve, Sales: Manufacturing: Consumer Goods Non-Durable: Value for Euro Area (19 Countries) (EA19SLMNCN02IXOBSAM), retrieved from FRED.