National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Norway
Index 2015=100, Quarterly
NAEXKP02NOQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.27
Year-over-Year Change
9.44%
Date Range
1/1/1978 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the real, trade-weighted value of the U.S. dollar against a broad basket of other major currencies. This indicator is closely watched by policymakers and analysts as a gauge of U.S. trade competitiveness and global economic conditions.
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 series tracks the inflation-adjusted, trade-weighted value of the U.S. dollar relative to a broad index of major trading partner currencies. This index is a key indicator of the dollar's purchasing power and is used to assess the competitive position of U.S. exports and imports.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rates and price indices.
Historical Context
The broad dollar index is widely referenced by policymakers, international businesses, and financial markets.
Key Facts
- The base year for the index is 2015.
- The index reflects the dollar's value against a broad basket of 26 currencies.
- The index reached an all-time high in 2022 amid global economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the real, trade-weighted value of the U.S. dollar against a broad basket of other major currencies.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the dollar's purchasing power and is closely watched by policymakers, businesses, and markets to assess U.S. trade competitiveness and global economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rates and price indices.
Q: How is this trend used in economic policy?
A: The broad dollar index is widely referenced by policymakers, international businesses, and financial markets to understand the competitive position of U.S. exports and imports.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with no known delays or limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP02NOQ661S), retrieved from FRED.