Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for France
Quarterly
FRACP110000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.08
Year-over-Year Change
28.77%
Date Range
4/1/1990 - 7/1/2023
Summary
The Quarterly Shipments of Durable Goods measures the total value of shipments of durable goods produced in the United States. This metric is an important economic indicator for gauging the strength of the manufacturing sector.
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
The Quarterly Shipments of Durable Goods tracks the total value of shipments for a wide range of durable goods, including motor vehicles, machinery, and electronics. This metric provides insights into the overall health and production capacity of the U.S. manufacturing industry.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this metric to assess economic growth, business investment, and consumer demand.
Key Facts
- Durable goods are products designed to last three years or more.
- Shipments of durable goods account for approximately 40% of total U.S. manufacturing output.
- The durable goods industry employs over 8 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Shipments of Durable Goods measures the total value of shipments of durable goods produced in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall health and production capacity of the U.S. manufacturing industry, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess economic growth, business investment, and consumer demand.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical delay of 6-8 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Shipments of Durable Goods (FRACP110000GPQ), retrieved from FRED.