Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Norway
Quarterly
NORCP110000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.53
Year-over-Year Change
16.60%
Date Range
1/1/1979 - 1/1/2025
Summary
The Quarterly Retail Sales Index measures changes in the total value of retail sales in the United States on a quarterly basis. It is a key indicator of consumer spending and 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 Retail Sales Index tracks the dollar value of merchandise sold by retail establishments in the U.S. It is a widely followed metric that provides insights into consumer demand and the overall health of the economy.
Methodology
The data is collected through monthly surveys of retail businesses and compiled by the U.S. Census Bureau.
Historical Context
The Quarterly Retail Sales Index is closely monitored by economists, policymakers, and investors to assess the trajectory of the U.S. economy.
Key Facts
- The index is published quarterly by the U.S. Census Bureau.
- Retail sales account for nearly 70% of U.S. economic activity.
- Quarterly retail sales data is a leading indicator of GDP growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Retail Sales Index measures the total value of retail sales in the United States on a quarterly basis, providing insights into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Retail Sales Index is a crucial indicator for economists, policymakers, and investors as it offers insights into the strength of consumer demand and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Retail Sales Index is closely monitored by the Federal Reserve and other policymakers to assess the trajectory of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly Retail Sales Index is published approximately 3 weeks after the end of each quarter, with some minor revisions possible in subsequent releases.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Norway
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Citation
U.S. Census Bureau, Quarterly Retail Sales (NORCP110000IXOBQ), retrieved from FRED.