Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Sweden
Quarterly
SWECP020000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.39
Year-over-Year Change
12.52%
Date Range
1/1/1980 - 1/1/2025
Summary
The Quarterly trend measures the quarterly index of real consumer spending on services in the United States. This economic indicator provides insight into the strength and direction of consumer demand.
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 represents changes in real consumer spending on services over time. It is a key metric for economists and policymakers to gauge the health of the U.S. economy and consumer sentiment.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The Quarterly index is published on a quarterly basis.
- Services account for over 60% of total U.S. consumer spending.
- The index is adjusted for inflation using the Personal Consumption Expenditures price index.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly index of real consumer spending on services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and direction of consumer demand, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Quarterly trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly index is published on a quarterly basis, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (SWECP020000IXOBQ), retrieved from FRED.