Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Russia
Quarterly
RUSCP110000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189.72
Year-over-Year Change
13.36%
Date Range
1/1/2004 - 10/1/2021
Summary
The Quarterly Retail Sales Index measures the total value of retail sales on a quarterly basis in the United States. It is a key indicator of consumer spending and 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 Quarterly Retail Sales Index tracks the dollar value of retail sales transactions, providing insights into consumer spending patterns and the overall health of the U.S. economy. It is closely monitored by economists, policymakers, and market analysts.
Methodology
The data is collected through surveys of retail establishments by the U.S. Census Bureau.
Historical Context
The Quarterly Retail Sales Index is used to inform monetary and fiscal policies and analyze consumer demand trends.
Key Facts
- The index is published quarterly by the U.S. Census Bureau.
- Retail sales account for about 30% of total consumer spending in the U.S.
- The index is a leading indicator of economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales Index measures the total value of retail sales transactions in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Retail Sales Index is a key indicator of consumer spending and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Retail Sales Index is used by policymakers and central banks to inform monetary and fiscal policies, as well as to analyze consumer demand trends.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales Index is published with a lag, typically several weeks after the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly Retail Sales Index (RUSCP110000IXNBQ), retrieved from FRED.