Business Tendency Surveys: Order Intentions or Demand: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Future Tendency for Russia
RUSBRODFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
1/1/1998 - 10/1/2021
Summary
This economic trend measures the future demand intentions of Russian retail businesses, excluding motor vehicles and motorcycles. It provides valuable insights into the anticipated state of the retail sector and broader 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 Business Tendency Surveys: Order Intentions or Demand: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Future Tendency for Russia is a leading indicator that reflects the expected future direction of retail demand. It is used by policymakers and analysts to gauge the near-term outlook for the Russian retail industry and overall economic conditions.
Methodology
The data is collected through business surveys conducted by the statistical agency of Russia.
Historical Context
This trend is closely monitored by the Central Bank of Russia and other institutions to assess the health of the retail sector and guide policy decisions.
Key Facts
- The survey has been conducted monthly since 2003.
- The index ranges from -100 to 100, with positive values indicating expected growth.
- The retail trade sector accounts for around 16% of Russia's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the future demand intentions of Russian retail businesses, excluding motor vehicles and motorcycles. It provides insights into the anticipated state of the retail sector and broader economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a leading indicator that reflects the expected future direction of retail demand, making it useful for policymakers and analysts to gauge the near-term outlook for the Russian retail industry and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly business surveys conducted by the statistical agency of Russia.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Central Bank of Russia and other institutions to assess the health of the retail sector and guide policy decisions.
Q: Are there update delays or limitations?
A: The survey has been conducted monthly since 2003, providing timely data on the retail sector's future demand expectations.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Intentions or Demand: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Future Tendency for Russia (RUSBRODFT02STSAQ), retrieved from FRED.