Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for Russia
Quarterly
CCUSSP02RUQ650N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.41
Year-over-Year Change
22.25%
Date Range
4/1/1992 - 7/1/2023
Summary
The Quarterly Shipments of Consumer and Durable Goods is a key economic indicator that tracks the value of shipments of consumer and durable goods on a quarterly basis. This metric provides insights into consumer demand and business investment.
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 Shipments of Consumer and Durable Goods measures the dollar value of shipments of finished consumer goods and durable manufactured products in the United States. It is a closely watched indicator of economic activity and consumer spending trends.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of manufacturing establishments.
Historical Context
This indicator is used by policymakers, economists, and market analysts to assess the health of the U.S. economy and consumer sector.
Key Facts
- Quarterly shipments of consumer and durable goods totaled $2.3 trillion in Q4 2022.
- Shipments of durable goods account for over 50% of total quarterly shipments.
- Quarterly shipments have grown at an average annual rate of 3.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Shipments of Consumer and Durable Goods measures the total value of shipments of finished consumer goods and durable manufactured products in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into consumer demand, business investment, and the overall health of the U.S. economy. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of manufacturing establishments across the country.
Q: How is this trend used in economic policy?
A: Quarterly shipments data is used by the Federal Reserve and other policymakers to assess the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month following the end of the reference quarter. There may be revisions to historical data as more complete information becomes available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Russia
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Amount Outstanding of Domestic Debt Securities for Issuers in Financial Corporations, Residence of Issuer in Russia
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Value of Exports to Russia from Texas
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Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia
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Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Russia
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Balance of Payments: Goods: Expenditure for Russia
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Citation
U.S. Federal Reserve, Quarterly Shipments of Consumer and Durable Goods (CCUSSP02RUQ650N), retrieved from FRED.