Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for OECD + Major Six NME
Index 2015=100
ONMLORSGPORIXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.33
Year-over-Year Change
4.77%
Date Range
2/1/1960 - 11/1/2021
Summary
The Index 2015=100 measures the nominal exchange rate between the U.S. dollar and a broad basket of other currencies. It is an important economic indicator for understanding U.S. trade and competitiveness.
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 is a trade-weighted index that tracks the external value of the U.S. dollar relative to the currencies of major U.S. trading partners. It provides insight into the dollar's purchasing power and influences on imports, exports, and foreign investment.
Methodology
The index is calculated by the Federal Reserve based on exchange rates and trade data.
Historical Context
Policymakers and analysts use this index to assess the dollar's impact on the U.S. economy and international trade.
Key Facts
- The base year for the index is 2015.
- It covers currencies of over 25 major U.S. trading partners.
- An increase in the index indicates a stronger U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the nominal exchange rate between the U.S. dollar and a broad basket of other currencies, providing insight into the dollar's purchasing power and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This index is important for understanding U.S. trade dynamics, as changes in the dollar's value can impact the prices of imports and exports, influencing consumer prices, business profits, and the overall economy.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on exchange rates and trade data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the dollar's impact on the U.S. economy and international trade, informing decisions on monetary policy, trade policy, and economic strategy.
Q: Are there update delays or limitations?
A: The index is updated daily and published with a one-day lag, providing timely information on exchange rate movements.
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Citation
U.S. Federal Reserve, Index 2015=100 (ONMLORSGPORIXOBSAM), retrieved from FRED.