Harmonized Unemployment: Aged 15-24: Males for the European Union
Percent, Quarterly, Not Seasonally Adjusted
LRHU24MAEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.57
Year-over-Year Change
-22.79%
Date Range
1/1/2000 - 10/1/2019
Summary
This trend measures the quarterly percentage change in the University of Michigan's Consumer Sentiment Index for the European Union. It provides insights into consumer confidence and spending patterns within the EU economy.
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 University of Michigan's Consumer Sentiment Index is a widely followed indicator of consumer confidence. The quarterly, not seasonally adjusted version of this series offers a broad perspective on consumer attitudes and purchasing behavior in the European Union.
Methodology
The data is collected through survey responses from a representative sample of EU consumers.
Historical Context
Economists and policymakers use this trend to gauge consumer sentiment and its potential impact on economic growth and policy decisions.
Key Facts
- The EU Consumer Sentiment Index ranges from 0 to 200, with 100 representing a neutral outlook.
- Consumer confidence is a leading indicator of future spending and economic activity.
- Quarterly data provides a broader perspective than monthly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percentage change in the University of Michigan's Consumer Sentiment Index for the European Union.
Q: Why is this trend relevant for users or analysts?
A: Consumer confidence is a leading indicator of future spending and economic activity, so this trend provides insights into the EU's economic outlook.
Q: How is this data collected or calculated?
A: The data is collected through survey responses from a representative sample of EU consumers.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to gauge consumer sentiment and its potential impact on economic growth and policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted nature of this data may result in updates being less frequent than some other economic indicators.
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Citation
U.S. Federal Reserve, Percent, Quarterly, Not Seasonally Adjusted (LRHU24MAEUQ156N), retrieved from FRED.