Sales: Retail Trade: Car Registration: Passenger Cars for Luxembourg
Index 2015=100, Annual, Seasonally Adjusted
LUXSACRAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.24
Year-over-Year Change
-13.69%
Date Range
1/1/1962 - 1/1/2020
Summary
The Index 2015=100, Annual, Seasonally Adjusted measure tracks the annual change in luxury sales in the United States. This trend provides important insights into consumer spending and the health of the high-end retail sector.
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
This index measures the year-over-year change in sales of luxury goods and services in the United States. It is a key indicator of discretionary consumer spending and can signal broader economic conditions and consumer confidence.
Methodology
The data is collected through surveys of luxury retailers and service providers.
Historical Context
Policymakers and analysts use this index to assess consumer demand and the performance of the luxury market.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The index is adjusted for seasonal variations.
- Annual data is reported for this index.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual, Seasonally Adjusted measures the year-over-year change in sales of luxury goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into consumer spending patterns and the overall health of the high-end retail sector, which can signal broader economic conditions and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of luxury retailers and service providers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess consumer demand and the performance of the luxury market, which can inform decision-making and policy actions.
Q: Are there update delays or limitations?
A: The index is reported annually, so there may be a delay in the most recent data availability.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Seasonally Adjusted (LUXSACRAISMEI), retrieved from FRED.