Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Luxembourg
Quarterly, Not Seasonally Adjusted
LUXPREND401IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.28
Year-over-Year Change
-5.92%
Date Range
1/1/2000 - 1/1/2024
Summary
The Quarterly, Not Seasonally Adjusted trend measures changes in the index of luxury consumer spending in the United States. This key economic indicator provides insights into discretionary household expenditures.
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, Not Seasonally Adjusted index tracks quarter-over-quarter changes in luxury goods and services consumption by American consumers. This metric is widely followed by economists and policymakers to gauge household financial health and broader economic conditions.
Methodology
The data is collected through consumer surveys and retail transaction records.
Historical Context
The luxury spending index helps inform monetary and fiscal policy decisions.
Key Facts
- The index is published quarterly by the Federal Reserve.
- Luxury spending tends to be more volatile than overall consumer expenditures.
- Weak luxury demand can signal broader economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted index tracks changes in luxury consumer spending in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into discretionary household expenditures and can signal broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and retail transaction records.
Q: How is this trend used in economic policy?
A: The luxury spending index helps inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly with a short delay.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LUXPREND401IXOBQ), retrieved from FRED.