Producer Prices Index: Type of Goods: Investments Goods: Domestic for Colombia
Index 2015=100, Quarterly
COLPITGVG02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.22
Year-over-Year Change
11.87%
Date Range
1/1/2001 - 4/1/2018
Summary
The Index 2015=100, Quarterly tracks the quarterly government consumption expenditures and gross investment in the United States, a key measure of public sector 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
This index measures the total spending on goods and services by federal, state, and local governments in the U.S., including compensation of government employees, consumption of fixed capital, and purchases of goods and services. It provides insight into the size and direction of the public sector's economic role.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and policymakers monitor this index to assess the fiscal stance of the government and its impact on the broader economy.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Government consumption and investment account for approximately 17% of U.S. GDP.
- The index reached a record high of 115.4 in Q1 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total spending on goods and services by federal, state, and local governments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the size and direction of the public sector's economic role, which is crucial for understanding fiscal policy and its impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this index to assess the fiscal stance of the government and its potential impact on the economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be revisions to previously published figures.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (COLPITGVG02IXOBQ), retrieved from FRED.