National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Finland
Index 2015=100, Quarterly
NAEXKP03FIQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.23
Year-over-Year Change
8.59%
Date Range
1/1/1990 - 7/1/2023
Summary
This quarterly index measures the national accounts-based real effective exchange rate of the U.S. dollar, with 2015 as the base year. It is an important indicator of the dollar's competitiveness in global trade and investment.
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 relative to a basket of major trading partner currencies, adjusted for inflation. This measure provides insight into the purchasing power and trade dynamics of the dollar compared to other economies.
Methodology
The Federal Reserve calculates this index using exchange rate and price data from multiple sources.
Historical Context
Economists and policymakers monitor this REER index to assess the dollar's impact on imports, exports, foreign investment, and overall economic performance.
Key Facts
- The base year for this index is 2015.
- The index covers the U.S. dollar's value against a trade-weighted basket of foreign currencies.
- A higher index value indicates the dollar is more competitive globally.
FAQs
Q: What does this economic trend measure?
A: This quarterly index measures the real effective exchange rate (REER) of the U.S. dollar, tracking its value relative to a basket of major trading partner currencies adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER index provides insight into the dollar's competitiveness in global trade and investment, which is a key factor for economists and policymakers assessing the economy's performance and trade dynamics.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index using exchange rate and price data from multiple sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this REER index to assess the dollar's impact on imports, exports, foreign investment, and overall economic performance.
Q: Are there update delays or limitations?
A: This is a quarterly index, so there may be a delay of several months before the latest data is available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP03FIQ661S), retrieved from FRED.