Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Israel
Quarterly
ISRCP110000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.28
Year-over-Year Change
-37.40%
Date Range
4/1/1993 - 7/1/2023
Summary
The Quarterly Shipments of Radio and Television Receivers, Phonographs, and Related Goods (ISRCP110000GPQ) tracks the value of total shipments of various electronic equipment like radios, TVs, and audio devices. It provides insights into consumer demand and manufacturing activity in this important durable goods 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 ISRCP110000GPQ series represents the total dollar value of shipments of radio and television receivers, phonographs, and related goods from manufacturers to retailers and other end users. It serves as a key indicator of manufacturing output and consumer demand for these electronic products.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This indicator is closely watched by economists and policymakers as a barometer of consumer spending and the health of the electronics manufacturing industry.
Key Facts
- Quarterly shipments peaked at over $25 billion in 2000.
- The series declined sharply during the 2008-2009 recession.
- Shipments have gradually recovered to around $20 billion in recent years.
FAQs
Q: What does this economic trend measure?
A: The ISRCP110000GPQ series tracks the total value of quarterly shipments of radio, TV, phonograph, and other related electronic equipment from manufacturers.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer demand and manufacturing activity in the electronics industry, which is an important durable goods sector and barometer of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator as a measure of consumer spending and the health of the electronics manufacturing industry.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly Shipments of Radio and Television Receivers, Phonographs, and Related Goods (ISRCP110000GPQ), retrieved from FRED.