Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Israel
ISRSARTMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.08
Year-over-Year Change
0.11%
Date Range
1/1/1995 - 2/1/2024
Summary
This economic trend measures the volume of retail trade activity in Israel, excluding motor vehicles and motorcycles. It is a key indicator of consumer demand and overall economic performance.
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 Trade Volume index tracks changes in the total value of retail sales, providing insights into consumer spending patterns and the health of the Israeli economy. It is a widely used metric for economists and policymakers to assess the strength of the domestic market.
Methodology
The data is collected through surveys of retail establishments and calculated as an index based on sales volumes.
Historical Context
Retail trade data is closely monitored for its implications on monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Retail trade accounts for approximately 15% of Israel's GDP.
- Seasonally adjusted data is available from 1995 onwards.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of retail sales in Israel, excluding motor vehicles and motorcycles. It provides an indicator of consumer demand and spending patterns in the domestic market.
Q: Why is this trend relevant for users or analysts?
A: Retail trade data is a crucial indicator of the overall health of the Israeli economy, as consumer spending accounts for a significant portion of economic activity. Analysts and policymakers use this metric to assess the strength of domestic demand and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as an index based on sales volumes, with a base year of 2015 = 100.
Q: How is this trend used in economic policy?
A: Retail trade data is closely monitored by economists and policymakers for its implications on monetary and fiscal policy decisions, as it provides insights into consumer spending patterns and the overall strength of the domestic market.
Q: Are there update delays or limitations?
A: Seasonally adjusted data for this trend is available from 1995 onwards, with regular updates provided by the relevant statistical agencies.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Israel
IDS1YMAORIAIIL
Number of Identified Exporters to Israel from Idaho
IDISRA475SCEN
Value of Exports to Israel from Iowa
IAISRA052SCEN
Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 74 Years for Israel
LRIN74MAILM156N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Israel
LRHUTTMAILA156S
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Israel
LFUN64MAILA647N
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Israel (ISRSARTMISMEI), retrieved from FRED.