Consumer Price Index: Recreation and Culture (COICOP 09): Total for Turkey
Monthly
TURCP090000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.06
Year-over-Year Change
-1.03%
Date Range
2/1/2005 - 11/1/2023
Summary
The Monthly trend measures retail and food services sales in the United States. 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 Monthly trend represents total retail and food services sales in the U.S. on a monthly basis. It is used by economists and policymakers to assess the health of the consumer sector and overall economic conditions.
Methodology
The data is collected through surveys of retail and food service establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by the Federal Reserve and other agencies in evaluating the strength of the U.S. economy.
Key Facts
- Retail and food services sales account for about 40% of total U.S. consumer spending.
- Spending on non-durable goods like food and fuel makes up over 60% of total retail sales.
- The Monthly trend has rebounded strongly from pandemic-related declines in 2020.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures total retail and food services sales in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending and economic activity, and is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail and food service establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Monthly trend is used by the Federal Reserve and other agencies to evaluate the strength of the U.S. consumer sector and overall economic conditions.
Q: Are there update delays or limitations?
A: The Monthly data is published with a lag of about two weeks by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Monthly (TURCP090000GPM), retrieved from FRED.