Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Switzerland
BRCICP02CHQ460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.06
Year-over-Year Change
-131.18%
Date Range
4/1/1994 - 10/1/2018
Summary
This economic trend measures the composite business confidence in the retail trade sector, excluding motor vehicles and motorcycles, in Switzerland. It provides insights into the overall health and outlook of the retail industry, which is a crucial component of the Swiss economy.
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 Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Switzerland index is a leading indicator that reflects the overall sentiment and expectations of businesses in the Swiss retail sector. It is widely used by policymakers, economists, and market analysts to assess the current state and future prospects of the retail industry.
Methodology
The data is collected through surveys of businesses in the Swiss retail trade sector, excluding motor vehicles and motorcycles.
Historical Context
This trend is closely monitored by policymakers and market participants to gauge the health of the Swiss economy and inform policy decisions.
Key Facts
- The index ranges from 0 to 100, with 100 indicating the highest level of business confidence.
- Switzerland's retail trade sector accounts for approximately 6% of the country's GDP.
- The composite business confidence index is released monthly by the Swiss State Secretariat for Economic Affairs (SECO).
FAQs
Q: What does this economic trend measure?
A: This trend measures the composite business confidence in the retail trade sector, excluding motor vehicles and motorcycles, in Switzerland. It provides insights into the overall sentiment and expectations of businesses in this important industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health and outlook of the Swiss retail industry, which is a crucial component of the country's economy. It is widely used by policymakers, economists, and market participants to assess current conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the Swiss retail trade sector, excluding motor vehicles and motorcycles.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers in Switzerland to gauge the overall health of the economy and inform policy decisions, particularly in the retail and consumer sectors.
Q: Are there update delays or limitations?
A: The composite business confidence index is released monthly by the Swiss State Secretariat for Economic Affairs (SECO), with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Switzerland (BRCICP02CHQ460S), retrieved from FRED.