National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Russia
Index 2015=100, Quarterly
NAEXKP03RUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.38
Year-over-Year Change
6.47%
Date Range
1/1/2003 - 7/1/2021
Summary
The Index 2015=100, Quarterly series measures changes in total real gross national expenditure, a key indicator of economic activity and demand. It is an important metric for policymakers and analysts assessing the overall health 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
This index tracks the volume of final goods and services purchased in the domestic economy, including consumption, investment, government spending, and net exports. It is a widely referenced gauge of macroeconomic performance and a leading input for GDP calculations.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
Economists and policymakers closely monitor this index to inform fiscal and monetary policy decisions.
Key Facts
- Base year is 2015.
- Measures total real gross national expenditure.
- Important indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures changes in the total volume of final goods and services purchased in the U.S. domestic economy, including consumption, investment, government spending, and net exports.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely referenced gauge of macroeconomic performance and a leading input for GDP calculations, making it a crucial indicator for policymakers and economists assessing the overall health of the U.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 using established national accounting principles.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this index to inform fiscal and monetary policy decisions, as it provides insights into the overall level of economic activity and demand in the U.S.
Q: Are there update delays or limitations?
A: The index is published quarterly, with some potential for minor revisions to historical data as additional information becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP03RUQ661S), retrieved from FRED.