Interest Rates: Other 3-Month Rates: Bank Deposit Rates: Total for Costa Rica
Quarterly
CRIIR3OBD01STQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
30.92%
Date Range
10/1/2012 - 7/1/2023
Summary
The Quarterly Retail Inventory to Sales Ratio measures the ratio of retail inventories to retail sales. It serves as an indicator of consumer demand and business inventory management.
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 Retail Inventory to Sales Ratio compares the level of retail inventories to the amount of retail sales. It provides insights into supply chain dynamics and consumer spending patterns that are valuable for economic analysis and forecasting.
Methodology
The U.S. Census Bureau collects and calculates this ratio based on monthly retail trade survey data.
Historical Context
Economists and policymakers monitor this ratio to assess the health of the retail sector and consumer confidence.
Key Facts
- The ratio averaged 1.44 in 2022, indicating $1.44 in retail inventories for every $1 in retail sales.
- A higher ratio suggests slower sales and potential oversupply, while a lower ratio indicates tighter inventory management.
- The ratio reached a peak of 1.56 in Q2 2020 during the COVID-19 pandemic, as retail sales plummeted while inventories remained high.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Inventory to Sales Ratio measures the relationship between the level of retail inventories and the amount of retail sales.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into supply chain dynamics, consumer demand, and retail sector health, which are important for economic analysis and forecasting.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects monthly retail trade survey data and calculates the quarterly ratio.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the Retail Inventory to Sales Ratio to assess consumer confidence and the overall state of the retail sector.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so it may not reflect the most recent retail conditions.
Related Trends
U.S. Exports of Goods by F.A.S. Basis to Costa Rica
EXP2230
Value of Exports to Costa Rica from Ohio
OHCRIA052SCEN
Financial System Deposits to GDP for Costa Rica
DDDI08CRA156NWDB
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Costa Rica
CRIFCBODULNUM
Use of Financial Services Deposit Accounts: Non-life Insurance Accounts at Insurance Corporations for Costa Rica
CRIFCAOFILNNUM
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Costa Rica
CRIFCNODCNUM
Citation
U.S. Federal Reserve, Quarterly Retail Inventory to Sales Ratio (CRIIR3OBD01STQ), retrieved from FRED.