Consumer Price Index: Communication (COICOP 08): Total for Israel

Quarterly

ISRCP080000GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-1.66

Year-over-Year Change

170.46%

Date Range

4/1/1985 - 7/1/2023

Summary

The Quarterly Retail Sales data measures the total dollar value of retail and food services sales, providing insights into consumer spending and economic activity.

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 series from the U.S. Census Bureau is a key economic indicator that tracks the total value of sales at retail establishments and food services. It serves as a proxy for consumer demand and is closely monitored by economists and policymakers.

Methodology

The data is collected through monthly surveys of retail and food service businesses.

Historical Context

Retail sales are an important input for assessments of overall economic health and consumer confidence.

Key Facts

  • Retail sales account for nearly 30% of total consumer spending in the U.S. economy.
  • Quarterly retail sales data is released approximately 15 days after the end of each quarter.
  • Retail sales are a leading indicator of overall economic activity and consumer confidence.

FAQs

Q: What does this economic trend measure?

A: The Quarterly Retail Sales data measures the total dollar value of retail and food services sales across the United States.

Q: Why is this trend relevant for users or analysts?

A: Retail sales are a key indicator of consumer demand and economic health, providing insights into spending patterns and consumer confidence.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of retail and food service businesses conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Retail sales data is closely monitored by economists, policymakers, and financial markets as an important gauge of the overall state of the economy.

Q: Are there update delays or limitations?

A: The Quarterly Retail Sales data is released approximately 15 days after the end of each quarter, with potential revisions in subsequent releases.

Related Trends

Citation

U.S. Census Bureau, Quarterly Retail Sales (ISRCP080000GPQ), retrieved from FRED.