Consumer Price Index: Education (COICOP 10): Total for Slovak Republic
Quarterly
SVKCP100000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.29
Year-over-Year Change
167.83%
Date Range
4/1/2002 - 7/1/2023
Summary
The Quarterly Retail Sales trend measures changes in total retail and food service sales in the United States on a quarterly basis. This indicator is closely watched by economists and policymakers to gauge the overall health of consumer spending, a key driver of economic growth.
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 Retail Sales trend tracks total dollar volume of sales from retail and food service establishments in the U.S. The data is seasonally adjusted and reported quarterly, providing insights into consumer confidence and discretionary spending patterns across the broader economy.
Methodology
The U.S. Census Bureau collects retail sales data through surveys of a representative sample of businesses.
Historical Context
Quarterly retail sales figures are a leading indicator used by the Federal Reserve, economists, and investors to monitor consumer demand and inform economic policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Quarterly retail sales have increased by over 50% since 2009.
- E-commerce sales now make up over 13% of total U.S. retail revenue.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales trend tracks the total dollar volume of sales from retail and food service establishments in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Quarterly retail sales figures are a key indicator of consumer demand and confidence, providing valuable insights into the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects retail sales data through surveys of a representative sample of businesses.
Q: How is this trend used in economic policy?
A: Quarterly retail sales data is closely monitored by the Federal Reserve, economists, and investors to inform economic policy decisions and assess the state of consumer spending.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales data is reported with a lag of approximately 6 weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Retail Sales (SVKCP100000GPQ), retrieved from FRED.