Sales: Retail Trade: Total Retail Trade: Value for Luxembourg
Index 2015=100, Monthly, Seasonally Adjusted
LUXSLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.30
Year-over-Year Change
0.65%
Date Range
1/1/1995 - 11/1/2023
Summary
The Index 2015=100, Monthly, Seasonally Adjusted trend measures the retail sales volume index for the U.S. luxury goods sector. This metric provides insights into consumer demand and spending patterns for high-end products.
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 Index 2015=100, Monthly, Seasonally Adjusted trend tracks changes in the sales volume of luxury retail items on a month-over-month basis. It is a valuable indicator of consumer confidence and discretionary spending within the luxury goods market.
Methodology
The data is collected through surveys of luxury retailers and calculated as an index with a base year of 2015.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess the health of the luxury consumer segment.
Key Facts
- The index has a base year of 2015.
- It measures volume, not dollar value, of luxury retail sales.
- The data is reported on a monthly, seasonally adjusted basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly, Seasonally Adjusted trend measures the retail sales volume index for the U.S. luxury goods sector, providing insights into consumer demand and spending patterns for high-end products.
Q: Why is this trend relevant for users or analysts?
A: This trend is a valuable indicator of consumer confidence and discretionary spending within the luxury goods market, and is closely monitored by economists, policymakers, and market analysts to assess the health of the luxury consumer segment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of luxury retailers and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess the health of the luxury consumer segment and inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly, seasonally adjusted basis, with no known update delays or significant limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (LUXSLRTTO02IXOBSAM), retrieved from FRED.