Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Israel
Number, Monthly level, Monthly, Seasonally Adjusted
ISRODCNPI03MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,272,000.00
Year-over-Year Change
48.06%
Date Range
1/1/1995 - 9/1/2023
Summary
This economic indicator measures the monthly, seasonally adjusted level of the Retail and Food Services Sales excluding Food Services. It provides insights into 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 Retail and Food Services Sales excluding Food Services is a key indicator of consumer demand and economic health. It tracks the dollar value of retail and food service sales, excluding spending at food service establishments, on a monthly basis.
Methodology
The data is collected through surveys of retail and food service businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, analysts, and economists to assess the strength of the consumer sector and broader economic conditions.
Key Facts
- Retail and Food Services Sales excluding Food Services represents over $5 trillion in annual economic activity.
- This indicator excludes spending at food service establishments to focus on broader consumer goods purchases.
- Consecutive monthly declines in this metric can signal an economic slowdown or recession.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly, seasonally adjusted level of retail and food service sales, excluding spending at food service establishments.
Q: Why is this trend relevant for users or analysts?
A: The Retail and Food Services Sales excluding Food Services is a key gauge of consumer demand and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and economists closely monitor this indicator to assess the strength of the consumer sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 2-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Number, Monthly level, Monthly, Seasonally Adjusted (ISRODCNPI03MLSAM), retrieved from FRED.