National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Israel
Quarterly
ISRGFCEQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100,734,000,000.00
Year-over-Year Change
20.92%
Date Range
1/1/1995 - 7/1/2023
Summary
The Quarterly Retail Sales: General Furniture and Consumer Electronics and Appliances Stores measures the total sales revenue for general furniture, consumer electronics, and appliance retail stores in the United States on a quarterly basis.
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 series is an important indicator of consumer spending and demand for durable goods. It provides insights into the health and trends of the retail sector, which is a key driver of the broader economy.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this metric to assess consumer confidence and the overall state of the economy.
Key Facts
- Quarterly retail sales for general furniture and consumer electronics/appliances stores totaled $145.7 billion in Q4 2022.
- This sector accounts for approximately 15% of total U.S. retail sales.
- Sales in this category have grown by 23% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales: General Furniture and Consumer Electronics and Appliances Stores measures the total sales revenue for retail establishments in these product categories on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer spending habits and demand for durable goods, which are important indicators of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately 6 weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Quarterly Retail Sales: General Furniture and Consumer Electronics and Appliances Stores (ISRGFCEQDSMEI), retrieved from FRED.