Consumer Opinion Surveys: Economic Situation: Future Tendency for Colombia
COLCSESFT02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.40
Year-over-Year Change
-12.06%
Date Range
11/1/2001 - 5/1/2025
Summary
The 'Consumer Opinion Surveys: Economic Situation: Future Tendency for Colombia' measures consumer confidence in the future economic outlook of Colombia. This metric is a key indicator for policymakers and economists monitoring the health of the Colombian economy.
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
This survey-based trend tracks Colombian consumers' perceptions of the future economic situation in their country. It provides insight into factors driving consumer spending and investment, which are crucial for economic growth and stability.
Methodology
The data is collected through regular consumer surveys conducted by the National Administrative Department of Statistics (DANE) in Colombia.
Historical Context
Policymakers and market analysts closely follow this indicator to gauge consumer sentiment and make informed decisions.
Key Facts
- This survey has been conducted in Colombia since the 1970s.
- The indicator ranges from 0 to 200, with 100 representing a neutral outlook.
- Consumer confidence in Colombia's future economic situation has fluctuated significantly over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures Colombian consumers' perceptions of the future economic situation in their country. It provides insight into factors driving consumer spending and investment.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric for policymakers and economists monitoring the health and growth potential of the Colombian economy.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer surveys conducted by the National Administrative Department of Statistics (DANE) in Colombia.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely follow this indicator to gauge consumer sentiment and make informed decisions about fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be occasional delays or limitations in survey coverage or methodology changes over time.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Economic Situation: Future Tendency for Colombia (COLCSESFT02STSAM), retrieved from FRED.