Sales: Retail Trade: Total Retail Trade: Value for Czech Republic
Quarterly, Seasonally Adjusted
CZESLRTTO02IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.68
Year-over-Year Change
17.95%
Date Range
1/1/1996 - 7/1/2023
Summary
This economic indicator measures real personal consumption expenditures on durable goods in the United States on a quarterly, seasonally adjusted basis. It provides insight into consumer spending trends and overall economic activity.
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, Seasonally Adjusted personal consumption expenditures on durable goods metric represents the change in the inflation-adjusted value of purchases made by U.S. consumers for long-lasting products. It is a key component of GDP and a widely followed indicator of consumer demand.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using household surveys and other economic indicators.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the health of the U.S. economy and consumer confidence.
Key Facts
- Durable goods account for around 12% of total U.S. personal consumption expenditures.
- This metric excludes purchases of non-durable goods and services.
- Quarterly data is adjusted for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the change in real personal consumption expenditures on durable goods in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending patterns and the overall health of the U.S. economy, making it a closely watched indicator by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using household surveys and other economic indicators.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and economists to assess consumer demand, gauge economic activity, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, and is subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (CZESLRTTO02IXOBSAQ), retrieved from FRED.