Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Sweden
SWESARTMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.50
Year-over-Year Change
-3.35%
Date Range
1/1/1960 - 9/1/2023
Summary
This economic trend measures the volume of retail trade activity in Sweden, excluding motor vehicles and motorcycles. It provides insights into consumer spending and overall economic conditions.
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 Retail Trade Volume index tracks the volume of sales at retail establishments in Sweden. It is an important indicator of consumer demand and can signal broader economic trends. Analysts use this data to assess the health of the Swedish economy.
Methodology
The data is collected through surveys of retail businesses in Sweden.
Historical Context
Policymakers and economists monitor this trend to gauge consumer confidence and make informed decisions.
Key Facts
- The index is calculated using survey data from Swedish retail businesses.
- Retail trade accounts for a significant portion of Sweden's economic activity.
- Fluctuations in the Retail Trade Volume index can signal changes in consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of retail trade activity in Sweden, excluding motor vehicles and motorcycles. It provides insights into consumer spending and overall economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The Retail Trade Volume index is an important indicator of consumer demand and can signal broader economic trends in Sweden. Analysts and policymakers use this data to assess the health of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses in Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge consumer confidence and make informed decisions about the Swedish economy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delay in the release of the latest figures.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Sweden (SWESARTMISMEI), retrieved from FRED.