Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Colombia
Quarterly
COLCP030000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.57
Year-over-Year Change
14.89%
Date Range
1/1/2009 - 1/1/2025
Summary
The Quarterly Consumption of Durable Goods Index measures changes in U.S. consumer spending on durable goods like automobiles, furniture, and electronics. It is a key indicator of economic health and consumer confidence.
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 Consumption of Durable Goods Index tracks inflation-adjusted consumer expenditures on long-lasting products. This metric helps economists and policymakers understand household consumption patterns and predict future economic trends.
Methodology
The data is calculated based on surveys of retail sales and consumer spending reported to the U.S. Bureau of Economic Analysis.
Historical Context
This index is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index is published quarterly by the U.S. Bureau of Economic Analysis.
- Durable goods account for about 10% of total U.S. consumer expenditures.
- Fluctuations in durable goods spending often signal changes in consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption of Durable Goods Index tracks changes in inflation-adjusted consumer spending on long-lasting products like automobiles, furniture, and electronics.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health, consumer confidence, and household consumption patterns, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on surveys of retail sales and consumer spending reported to the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Quarterly Consumption of Durable Goods Index is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a slight delay, by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Durable Goods Index (COLCP030000IXOBQ), retrieved from FRED.