Real Gross Fixed Capital Formation for United States
Domestic Currency, Quarterly, Not Seasonally Adjusted
NFIRNSAXDCUSQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,677,001.00
Year-over-Year Change
14.17%
Date Range
4/1/2015 - 10/1/2020
Summary
The Domestic Currency, Quarterly, Not Seasonally Adjusted series measures the quarterly value of the U.S. dollar against a broad basket of foreign currencies. This metric provides insights into the relative strength of the U.S. currency and its impact on international 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
This series represents the nominal U.S. dollar exchange rate on a trade-weighted basis against a broad index of foreign currencies. It is a key indicator used by economists and policymakers to assess the international purchasing power of the U.S. dollar and its effects on the competitiveness of American exports and imports.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using a comprehensive index of foreign currency values.
Historical Context
Movements in the domestic currency index are closely monitored by the Federal Reserve and other institutions to inform monetary and trade policy decisions.
Key Facts
- The U.S. dollar index has risen over 30% since 2014.
- A stronger dollar makes U.S. exports more expensive for foreign buyers.
- Currency movements impact the competitiveness of American companies abroad.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly value of the U.S. dollar against a broad basket of foreign currencies, providing insights into the relative strength of the American currency.
Q: Why is this trend relevant for users or analysts?
A: Movements in the domestic currency index are closely watched by economists and policymakers to assess the international purchasing power of the U.S. dollar and its effects on trade competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using a comprehensive index of foreign currency values.
Q: How is this trend used in economic policy?
A: The domestic currency index is used by the Federal Reserve and other institutions to inform monetary and trade policy decisions, as currency movements can significantly impact the competitiveness of American exports and imports.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Domestic Currency, Quarterly, Not Seasonally Adjusted (NFIRNSAXDCUSQ), retrieved from FRED.