Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Costa Rica
Quarterly
CRICCUSMA02STQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506.56
Year-over-Year Change
-24.50%
Date Range
1/1/1957 - 4/1/2025
Summary
The Quarterly Consumption of Durable Goods Indicator measures the value of durable goods purchased by consumers in the United States on a quarterly basis. This metric is a key indicator of economic health and consumer spending patterns.
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 Consumption of Durable Goods Indicator tracks the total monetary value of purchases of long-lasting consumer products like automobiles, household appliances, and electronics. It is a crucial gauge of consumer confidence and discretionary spending within the broader economy.
Methodology
This indicator is calculated by the U.S. Bureau of Economic Analysis based on data collected through household surveys and retail sales reports.
Historical Context
Economists and policymakers monitor this metric to assess current economic conditions and make informed decisions about fiscal and monetary policy.
Key Facts
- Durable goods account for roughly 20% of total consumer spending.
- Purchases of durable goods tend to be more sensitive to changes in interest rates and consumer confidence.
- The Quarterly Consumption of Durable Goods Indicator is released by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption of Durable Goods Indicator measures the total value of durable goods purchased by consumers in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a crucial measure of consumer confidence and discretionary spending, which helps economists and policymakers assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The data for this indicator is collected by the U.S. Bureau of Economic Analysis through household surveys and retail sales reports.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the Quarterly Consumption of Durable Goods Indicator to inform decisions about fiscal and monetary policy, as it provides insights into consumer spending patterns and economic conditions.
Q: Are there update delays or limitations?
A: The Quarterly Consumption of Durable Goods Indicator is released by the U.S. Bureau of Economic Analysis with a delay of approximately one month following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Durable Goods (CRICCUSMA02STQ), retrieved from FRED.