Consumer Price Index: Communication (COICOP 08): Total for Finland
Quarterly
FINCP080000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.95
Year-over-Year Change
-26.02%
Date Range
4/1/2010 - 7/1/2023
Summary
The Quarterly Nonfinancial Corporate Business Gross Value Added series measures the total production of the U.S. nonfinancial corporate sector. It is a key indicator of overall economic activity and a critical input for economic analysis and forecasting.
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 series represents the total market value of goods and services produced by nonfinancial corporate businesses in the United States. It is a broad measure of economic output and productivity, providing insight into the health and performance of the private, non-financial business sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Historical Context
Policymakers and analysts use this metric to gauge the strength of the broader economy and inform decisions around monetary and fiscal policy.
Key Facts
- The series is released quarterly by the U.S. Bureau of Economic Analysis.
- It covers the entire nonfinancial corporate business sector, not just a sample.
- Gross value added excludes financial and government sector activity.
FAQs
Q: What does this economic trend measure?
A: This series measures the total market value of goods and services produced by the U.S. nonfinancial corporate business sector, providing a broad indicator of economic output and productivity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical input for economic analysis and forecasting, offering insights into the health and performance of the private, non-financial business sector, which is a key driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the strength of the broader economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The series is released quarterly, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Nonfinancial Corporate Business Gross Value Added (FINCP080000GPQ), retrieved from FRED.