Consumer Price Index: Housing for Czech Republic
Quarterly
CZECPIHOUQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.78
Year-over-Year Change
7.09%
Date Range
1/1/1994 - 1/1/2018
Summary
The Quarterly Consumption Expenditures of Households indicator measures changes in total household spending on goods and services in the United States. It is a key metric for gauging the health and trajectory of the broader 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
This quarterly economic indicator tracks inflation-adjusted consumer expenditures, which comprise a large portion of U.S. GDP. It is closely monitored by policymakers, analysts, and economists to understand consumption patterns and make informed decisions about fiscal and monetary policy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through comprehensive surveys of household spending.
Historical Context
Fluctuations in this metric are closely tied to consumer confidence, employment, and other macroeconomic conditions, making it a valuable input for economic forecasting and policy deliberations.
Key Facts
- Accounts for over two-thirds of U.S. GDP.
- Experienced a sharp decline during the 2008-2009 recession.
- Has shown steady growth in the post-pandemic recovery period.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption Expenditures of Households indicator tracks changes in total inflation-adjusted spending by U.S. households on goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial gauge of consumer demand and a key driver of overall economic growth, making it an important input for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through comprehensive surveys of household spending patterns.
Q: How is this trend used in economic policy?
A: Fluctuations in this indicator are closely monitored by the Federal Reserve and other policymakers to inform decisions about fiscal and monetary policy, as well as to make forecasts about the broader economic trajectory.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly Consumption Expenditures of Households (CZECPIHOUQINMEI), retrieved from FRED.