Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Original Series for Austria
Index 2015=100
LORSGPORATQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.03
Year-over-Year Change
3.01%
Date Range
1/1/1960 - 7/1/2022
Summary
The Index 2015=100 measures the volume of gross production at a national level relative to the base year of 2015. It serves as an important indicator of overall economic activity and growth.
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 is a national-level index that tracks the total volume of goods and services produced in an economy. It is a widely used measure of economic performance, providing insight into the pace and trajectory of a country's economic growth.
Methodology
The index is calculated by the U.S. Federal Reserve based on national accounts data.
Historical Context
Policymakers and analysts monitor this index to assess the health and trajectory of the broader economy.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The index reached a record high of 115.7 in 2021.
- The index experienced a sharp decline in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the total volume of goods and services produced in the U.S. economy, providing a gauge of overall economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for policymakers, economists, and market analysts to assess the health and trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this index to inform decision-making and assess the need for adjustments to monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is updated quarterly by the Federal Reserve, with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, Index 2015=100 (LORSGPORATQ661S), retrieved from FRED.