Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States
Index 2015=100
LORSGPORUSQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.60
Year-over-Year Change
9.40%
Date Range
1/1/1947 - 10/1/2023
Summary
The 'Index 2015=100' measures the U.S. government's gross output, providing insight into the overall economic activity and production levels.
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 amount of gross output produced by the U.S. government, including goods and services. It is a key indicator used by economists and policymakers to assess the health and performance of the public sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This index is utilized in analyzing fiscal and economic policy decisions.
Key Facts
- The index has a base year of 2015.
- It covers government goods and services.
- The index is used to assess public sector performance.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100' measures the total gross output produced by the U.S. government, including both goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the overall economic activity and performance of the public sector, which is important for policymakers and economists.
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: This index is utilized in analyzing fiscal and economic policy decisions, as it reflects the government's production and output levels.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Economic Analysis, with minimal update delays.
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Citation
U.S. Federal Reserve, Index 2015=100 (LORSGPORUSQ661S), retrieved from FRED.