National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Austria
Index 2015=100, Quarterly
NAEXKP03ATQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.32
Year-over-Year Change
8.81%
Date Range
1/1/1988 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the change in real private investment in nonresidential equipment and software over time, which is a key indicator of business spending and economic activity.
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 a quarterly measure of real private investment in nonresidential equipment and software, a crucial component of gross domestic product (GDP). It is used by economists and policymakers to assess the health and trajectory of the broader economy.
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 index is closely watched by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Key Facts
- The index is based on 2015 as the base year (2015=100).
- It measures real, inflation-adjusted private investment.
- The data is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in real private investment in nonresidential equipment and software over time, which is a key component of GDP.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of business spending and economic activity, and is closely watched by economists and policymakers.
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 index is used by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP03ATQ661S), retrieved from FRED.