Consumer Price Index: Recreation and Culture (COICOP 09): Total for Israel
Quarterly
ISRCP090000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.24
Year-over-Year Change
27.69%
Date Range
4/1/1985 - 7/1/2023
Summary
The Quarterly Retail Sales trend measures changes in total retail and food services sales in the United States on a quarterly basis. It is a key indicator of consumer spending and overall 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 tracks the value of retail and food services sales, excluding motor vehicle and parts dealers. It is a broad measure of consumer demand and a leading indicator of economic performance.
Methodology
The data is collected through monthly surveys of retail and food service firms by the U.S. Census Bureau.
Historical Context
Retail sales data is closely monitored by policymakers, economists, and investors to gauge consumer confidence and make informed decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- The series has been published quarterly since 1992.
- Robust retail sales often signal a healthy, growing economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales trend measures the total value of retail and food services sales in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and overall economic performance, closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail and food service firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data is used by policymakers, central banks, and economists to assess consumer confidence, make informed policy decisions, and forecast economic growth.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales data is published with a lag of approximately two months after the end of the reference quarter.
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Citation
U.S. Census Bureau, Quarterly Retail Sales (ISRCP090000GPQ), retrieved from FRED.