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Index 2015=100, Monthly
CCUSMA02SEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.71
Year-over-Year Change
-1.17%
Date Range
1/1/1960 - 12/1/2023
Summary
The Index 2015=100, Monthly trend measures the monthly change in consumer spending on durable goods, services, and nondurable goods in the United States. This metric is a key indicator of economic health and consumer confidence.
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 Index 2015=100, Monthly tracks the monthly value of personal consumption expenditures (PCE) in the U.S., which accounts for over two-thirds of economic activity. Economists and policymakers closely monitor this index to assess the strength of consumer demand and the overall trajectory of the economy.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
The Index 2015=100, Monthly is used by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- The index is released monthly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the monthly change in consumer spending on durable goods, services, and nondurable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health and consumer confidence, as consumer spending accounts for the majority of economic activity in the U.S.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Monthly is used by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the U.S. Bureau of Economic Analysis, with no significant update delays or limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CCUSMA02SEM661N), retrieved from FRED.