Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Estonia
Quarterly
ESTCP030000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
240.73
Year-over-Year Change
18.90%
Date Range
1/1/1998 - 10/1/2023
Summary
The Quarterly trend measures the quarterly index of employment in the Service Providing sector of the U.S. economy. This data is crucial for analyzing labor market trends and informing economic policymaking.
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 index tracks the quarterly level of employment in the Service Providing industries, which include a wide range of sectors such as retail, healthcare, and finance. This key metric provides insights into the overall health and growth of the service-based segments of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics (CES) survey.
Historical Context
The Quarterly employment index is closely monitored by economists, policymakers, and market analysts to gauge the strength of the services-based economy.
Key Facts
- The service sector accounts for over 75% of U.S. GDP.
- Employment in the service sector grew by 2.1% in 2022.
- The Quarterly index uses 2012 as the base year (2012=100).
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly index of employment in the Service Providing sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly employment index provides crucial insights into the health and growth of the services-based segments of the U.S. economy, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: The Quarterly employment index is closely monitored by economists, policymakers, and market analysts to gauge the strength of the services-based economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The Quarterly index data is released with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Passenger Transport by Railway for Estonia
CP0731EEM086NEST
People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Estonia
DDAI07EEA156NWDB
Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Estonia
00XE00EEM086NEST
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Estonia
ESTFCLODCHXDC
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia
ESTCP120000CTGYM
Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for Estonia
CP0540EEM086NEST
Citation
U.S. Federal Reserve, Quarterly (ESTCP030000IXNBQ), retrieved from FRED.