Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Finland
Quarterly
CCUSSP01FIQ650N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.11
Year-over-Year Change
-9.95%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly measure tracks the cost of consumer services in the United States, providing insights into inflation and consumer spending patterns.
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 trend represents the quarterly changes in the price index for consumer services, an important indicator of overall inflation in the U.S. economy. Economists and policymakers closely monitor this metric to assess the state of the consumer sector and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
This trend is a key input for the Federal Reserve's monetary policy decisions.
Key Facts
- The Quarterly index has a base year of 2012.
- Consumer services account for over 60% of total U.S. personal consumption expenditures.
- Quarterly data is released by the BEA approximately 30 days after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly changes in the price index for consumer services in the United States, providing insights into inflation and consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of overall inflation and consumer sector performance, making it crucial for economists, policymakers, and market analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: The Quarterly trend is a key input for the Federal Reserve's monetary policy decisions, as it helps assess the state of the consumer sector and inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: Quarterly data is released by the BEA approximately 30 days after the end of each quarter, so there is a short delay in availability.
Related Trends
International Trade: Exports: Value (Goods): Total for Finland
XTEXVA01FIQ188S
Leading Indicators OECD: Component series: BTS - Finished goods stocks: Original series for Finland
FINLOCOBFORSTSAM
Production: Manufacturing: Total Manufacturing for Finland
PRMNTO01FIQ657S
International Trade: Exports: Value (Goods): Total for Finland
XTEXVA01FIA188S
Life Insurance Premium Volume to GDP for Finland
DDDI09FIA156NWDB
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Finland
FINPRMNTO01IXOBM
Citation
U.S. Federal Reserve, Quarterly (CCUSSP01FIQ650N), retrieved from FRED.