Since the week ending June 19, 2022, consumer demand in general merchandise products as reported by multi-outlet and convenience retailers in the United States was generally high, with an index level of above 100. The lowest figure was in the week ending August 21, at 104.
Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index
Characteristic
Demand level as an index
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Indices < 100 = Decline; > 100 = Growth.
The source adds the following information regarding methodology: "The IRI CPG Demand Index™ provides a standard metric for tracking changes in spending on consumer packaged goods. It measures weekly changes in consumer purchases, by dollar sales, against the year-ago period across departments including fixed and random weight products, grocery aisles and retail formats. The IRI CPG Demand Index™ is available for eight U.S. regions and all U.S. states. Key drivers of demand changes namely, trips to the store and basket size (average spend per trip) are also provided. The IRI CPG Demand Index™ is based on the full power of IRI's unparalleled data assets, including daily sales data reported from major chains' daily point-of-sale and e-commerce transactions of reporting retailers nationwide. It is updated daily with projections for the most recent week which are based on a proprietary, fully-automated forecasting solution."
The source did not provide an exact date of release. Date of access is used in this statistic in lieu of date of release.
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IRI. (September 21, 2022). Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/
IRI. "Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index." Chart. September 21, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/
IRI. (2022). Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/
IRI. "Weekly Consumer Demand Level in General Merchandise Products in Retail Stores in The United States from June to September 2022, as An Index." Statista, Statista Inc., 21 Sep 2022, https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/
IRI, Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index Statista, https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/ (last visited August 25, 2024)
Weekly consumer demand level in general merchandise products in retail stores in the United States from June to September 2022, as an index [Graph], IRI, September 21, 2022. [Online]. Available: https://www.statista.com/statistics/1278934/general-merchandise-retail-products-demand-levels-united-states/