Consumer Opinion Surveys: Economic Situation: Future Tendency for Costa Rica
CRICSESFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.50
Year-over-Year Change
101.75%
Date Range
7/1/2002 - 4/1/2025
Summary
This economic trend measures consumer opinions on the future economic situation in Costa Rica. It provides valuable insights into consumer sentiment and expectations, which are key indicators for policymakers and analysts.
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 Consumer Opinion Surveys: Economic Situation: Future Tendency for Costa Rica track consumers' perceptions about the country's future economic conditions. This forward-looking indicator helps economists and policymakers understand household confidence and anticipate potential shifts in consumer spending and investment.
Methodology
The data is collected through household surveys conducted by the Central Bank of Costa Rica.
Historical Context
This trend is widely used to inform economic policy decisions and market forecasts.
Key Facts
- The survey has been conducted monthly since 1995.
- Costa Rica's consumer confidence hit a record low in 2020 due to the COVID-19 pandemic.
- Positive consumer sentiment is associated with increased household spending and investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures Costa Rican consumers' perceptions about the future economic situation in the country. It provides a forward-looking indicator of household confidence and expectations.
Q: Why is this trend relevant for users or analysts?
A: Consumer sentiment is a key driver of economic activity, as it influences household spending and investment decisions. This trend helps analysts and policymakers understand the public's outlook and anticipate potential shifts in the Costa Rican economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to gauge consumer confidence and incorporate it into their economic forecasts and policy decisions, such as interest rate adjustments and fiscal measures.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of consumer sentiment. However, survey-based data may be subject to sampling and response biases.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Economic Situation: Future Tendency for Costa Rica (CRICSESFT02STSAQ), retrieved from FRED.