Sales: Retail Trade: Total Retail Trade: Value for Colombia
Quarterly, Not Seasonally Adjusted
COLSLRTTO02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.36
Year-over-Year Change
64.19%
Date Range
1/1/2013 - 7/1/2023
Summary
This economic trend measures the quarterly change in the retail sales of consumer loans, which is an important indicator of consumer spending and credit conditions.
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, Not Seasonally Adjusted retail sales of consumer loans series tracks the total value of consumer loans sold at retail, providing insight into consumer borrowing and spending patterns. It is a key economic indicator used by policymakers and analysts to assess the health of the consumer sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to gauge consumer financial activity and its implications for the broader economy.
Key Facts
- Consumer loans account for a significant portion of household debt.
- Quarterly retail sales data is an early indicator of consumer spending trends.
- Fluctuations in consumer loan sales can signal changes in access to credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly change in the total value of consumer loans sold at retail, providing insight into consumer borrowing and spending patterns.
Q: Why is this trend relevant for users or analysts?
A: The quarterly retail sales of consumer loans is a key economic indicator used by policymakers, investors, and analysts to assess the health of the consumer sector and its implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and policymakers to gauge consumer financial activity and its potential impact on the economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be occasional delays or revisions due to the nature of data collection and reporting.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (COLSLRTTO02IXOBQ), retrieved from FRED.