National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Luxembourg
Index 2015=100, Quarterly
NAEXKP01LUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.90
Year-over-Year Change
4.44%
Date Range
1/1/1995 - 7/1/2023
Summary
The Index 2015=100, Quarterly series tracks the U.S. real effective exchange rate, a measure of the value of the U.S. dollar against a basket of major trading partner currencies, adjusted for inflation.
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 provides insight into the competitiveness of U.S. goods and services in global markets, which is an important economic indicator for policymakers and analysts.
Methodology
The data is calculated based on exchange rates and relative consumer price indexes.
Historical Context
The real effective exchange rate is a key metric used to assess trade and currency policy.
Key Facts
- The index has a base year of 2015.
- A higher index value indicates a stronger U.S. dollar.
- The series is updated quarterly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This index measures the value of the U.S. dollar against a basket of major trading partner currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The real effective exchange rate provides insight into the competitiveness of U.S. goods and services in global markets, which is an important consideration for trade, investment, and monetary policy.
Q: How is this data collected or calculated?
A: The data is calculated based on exchange rates and relative consumer price indexes.
Q: How is this trend used in economic policy?
A: The real effective exchange rate is a key metric used by policymakers and analysts to assess trade and currency policy.
Q: Are there update delays or limitations?
A: The series is updated quarterly by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP01LUQ661S), retrieved from FRED.