National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Finland
Index 2015=100, Quarterly
NAEXKP02FIQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.52
Year-over-Year Change
2.30%
Date Range
1/1/1990 - 7/1/2023
Summary
The Index 2015=100, Quarterly measures the total value of goods and services produced by the U.S. economy on a quarterly basis, adjusted for inflation. This key economic indicator is closely monitored by policymakers and analysts to assess the overall health and performance of the nation'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 Index 2015=100, Quarterly, also known as real Gross Domestic Product (GDP), is a comprehensive measure of economic activity that captures the production of final goods and services within the United States. It serves as a barometer for the economy's growth and is a critical input for forecasting, policy decisions, and understanding broader macroeconomic trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on a variety of economic indicators and surveys.
Historical Context
This index is a fundamental tool used by the Federal Reserve, government agencies, and private-sector analysts to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2015.
- Real GDP grew by 2.3% in 2022.
- The index reached an all-time high of 122.7 in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total value of goods and services produced by the U.S. economy on a quarterly basis, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is closely monitored by policymakers and analysts to assess the overall health and performance of the nation's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on a variety of economic indicators and surveys.
Q: How is this trend used in economic policy?
A: This index is a fundamental tool used by the Federal Reserve, government agencies, and private-sector analysts to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis, with a slight delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP02FIQ661S), retrieved from FRED.