Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for India
Quarterly
INDCP020000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.76
Year-over-Year Change
-56.47%
Date Range
4/1/2013 - 1/1/2019
Summary
The Quarterly Retail Sales Index measures changes in the total sales of retail establishments in the United States. It is a key economic indicator that provides insights into consumer spending patterns and the overall health of the retail 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 Retail Sales Index is a comprehensive measure of the value of retail sales, capturing data from a wide range of retail businesses including stores, restaurants, and online merchants. It is used by policymakers, economists, and businesses to assess consumer demand and make informed decisions about economic policy, investment, and strategy.
Methodology
The data is collected through monthly surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
The Quarterly Retail Sales Index is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The index is published on a quarterly basis.
- Retail sales account for nearly 30% of total U.S. economic activity.
- The index is seasonally adjusted to account for typical fluctuations in consumer behavior.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales Index measures the total value of retail sales in the United States on a quarterly basis, providing a comprehensive view of consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Retail Sales Index is a crucial indicator of the overall health of the U.S. economy, as consumer spending accounts for a large portion of economic activity. It is closely watched by policymakers, economists, and businesses to inform decision-making.
Q: How is this data collected or calculated?
A: The data for the Quarterly Retail Sales Index is collected through monthly surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Retail Sales Index is used by the Federal Reserve and other government agencies to assess the state of the economy and inform monetary and fiscal policy decisions, such as interest rate adjustments and government spending programs.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales Index is published approximately two months after the end of each quarter, so there is a slight delay in the availability of the data. Additionally, the index may not fully capture the impact of e-commerce and other emerging retail trends.
Related Trends
Ease of doing business index for India
ICBUSEASEXQIND
Consumer Price Index: Health (COICOP 06): Total for India
INDCP060000GPM
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for India
INDFCSODUXDC
Bank's Net Interest Margin for India
DDEI01INA156NWDB
Value of Exports to India from Washington
WAINDA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for India
INDCP100000GYQ
Citation
U.S. Census Bureau, Quarterly Retail Sales (INDCP020000GPQ), retrieved from FRED.