Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Luxembourg
Growth rate previous period, Quarterly
LUXPITGCG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.49
Year-over-Year Change
257.99%
Date Range
4/1/1995 - 10/1/2022
Summary
This economic trend measures the quarter-over-quarter growth rate of private investment in equipment and software, a key component of U.S. Gross Domestic Product (GDP). It provides important insights into business investment and economic 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 growth rate of private investment in equipment and software is a critical indicator of business confidence and the health of the broader economy. This metric helps economists and policymakers assess the pace of capital investment, which drives productivity and supports long-term economic expansion.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- Private investment accounts for nearly 20% of U.S. GDP.
- Equipment and software investment has outpaced overall GDP growth since the 1990s.
- Positive growth in this metric signals expanding business activity and economic optimism.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of private investment in equipment and software, a key component of U.S. Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The growth rate of private investment in equipment and software provides important insights into business confidence and the overall health of the economy, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions, as it reflects the pace of capital investment and business sentiment.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (LUXPITGCG02GPQ), retrieved from FRED.