Producer Prices Index: Economic Activities: Energy: Total for Norway
Index 2015=100, Annual
PIEAEN01NOA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
328.40
Year-over-Year Change
235.70%
Date Range
1/1/1995 - 1/1/2022
Summary
The Index 2015=100, Annual measures the overall economic activity and national income in the United States on an annual basis, with 2015 as the base year. This key macroeconomic indicator is closely watched by policymakers and analysts to assess the country's economic performance and growth trajectory.
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, Annual is a comprehensive measure of the total value of goods and services produced in the U.S. economy. It represents the inflation-adjusted gross domestic product (GDP) on an annual frequency, providing a high-level snapshot of the nation's economic health and productivity.
Methodology
This index is calculated by the U.S. Bureau of Economic Analysis using data from various sources, including surveys, administrative records, and other economic indicators.
Historical Context
The Index 2015=100, Annual is a crucial input for policymakers, central banks, and financial markets in evaluating the overall economic conditions and formulating appropriate policy responses.
Key Facts
- The base year for the Index 2015=100, Annual is 2015.
- This index is a key indicator of the U.S. economy's overall performance.
- The Index 2015=100, Annual is published annually by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the total value of goods and services produced in the U.S. economy on an annual basis, providing a comprehensive indicator of the nation's economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial macroeconomic indicator that helps policymakers, central banks, and financial markets assess the overall health and performance of the U.S. economy, informing decision-making and policy responses.
Q: How is this data collected or calculated?
A: The Index 2015=100, Annual is calculated by the U.S. Bureau of Economic Analysis using data from various sources, including surveys, administrative records, and other economic indicators.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Annual is a key input for policymakers, central banks, and financial markets in evaluating the overall economic conditions and formulating appropriate policy responses to support economic growth and stability.
Q: Are there update delays or limitations?
A: The Index 2015=100, Annual is published annually by the U.S. Bureau of Economic Analysis, with a typical release schedule that may result in a short delay between the end of the reference period and the data publication.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAEN01NOA661N), retrieved from FRED.