Labor Compensation: Earnings: Manufacturing: Monthly for Slovak Republic
Index 2015=100, Annual, Seasonally Adjusted
LCEAMN03SKA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.10
Year-over-Year Change
75.41%
Date Range
1/1/1992 - 1/1/2022
Summary
The Index 2015=100, Annual, Seasonally Adjusted measures changes in the level of consumer spending in the U.S. This broad indicator helps economists and policymakers understand consumer demand and consumption 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
This index tracks the total value of consumer spending on goods and services, adjusted for inflation and seasonal variations. It is a key gauge of economic health and consumer confidence, informing decisions by businesses, governments, and investors.
Methodology
The data is collected through surveys of consumer expenditures and calculated as an index relative to the base year of 2015.
Historical Context
Policymakers use this index to monitor consumer spending trends and adjust fiscal and monetary policies accordingly.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- The index is adjusted for seasonal variations to show underlying trends.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual, Seasonally Adjusted measures the total value of consumer spending on goods and services in the U.S., adjusted for inflation and seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic health and consumer confidence, helping businesses, policymakers, and investors understand consumption patterns and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and calculated as an index relative to the 2015 base year.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor consumer spending trends and adjust fiscal and monetary policies to support economic growth and stability.
Q: Are there update delays or limitations?
A: The index is updated annually, with a delay of several months to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Seasonally Adjusted (LCEAMN03SKA661S), retrieved from FRED.