National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Finland
Index 2015=100, Annual
NAEXKP02FIA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.59
Year-over-Year Change
11.95%
Date Range
1/1/1990 - 1/1/2022
Summary
The Index 2015=100, Annual series measures the average annual change in the real effective exchange rate of the U.S. dollar. This provides insight into the international competitiveness of the U.S. economy.
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 real effective exchange rate (REER) index tracks the value of the U.S. dollar against a basket of trading partner currencies, adjusted for inflation. This indicator helps economists and policymakers assess the country's export and import dynamics.
Methodology
The data is calculated by the Federal Reserve using a trade-weighted average of bilateral exchange rates.
Historical Context
The REER index is a key economic indicator used to inform trade and monetary policy decisions.
Key Facts
- The base year for the index is 2015.
- A rising index indicates a strengthening U.S. dollar.
- The REER index reached a recent high in 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual series measures the average annual change in the real effective exchange rate (REER) of the U.S. dollar against a basket of trading partner currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER index provides insight into the international competitiveness of the U.S. economy, which is crucial information for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using a trade-weighted average of bilateral exchange rates.
Q: How is this trend used in economic policy?
A: The REER index is a key indicator used to inform trade and monetary policy decisions, as it reflects the country's export and import dynamics.
Q: Are there update delays or limitations?
A: The REER index data is published annually by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP02FIA661S), retrieved from FRED.