Producer Prices Index: Economic Activities: Energy: Domestic for Norway
Index 2015=100, Quarterly
PIEAEN02NOQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342.10
Year-over-Year Change
115.18%
Date Range
1/1/1995 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' series measures the quarterly index of national income and product accounts (NIPA) for the U.S. economy, with 2015 as the base year. This data provides a broad overview of economic production and growth.
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 NIPA index tracks the total value of goods and services produced within the United States, adjusted for inflation. It is a key indicator used by economists and policymakers to assess the overall health and performance of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type annual-weighted methodology.
Historical Context
The NIPA index is widely referenced in economic analysis and policy discussions.
Key Facts
- The base year for the NIPA index is 2015.
- The index tracks the total value of U.S. economic production.
- The data is published quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' series measures the total value of goods and services produced in the U.S. economy, adjusted for inflation, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The NIPA index is a key indicator of overall economic performance and growth, and is widely used by economists, policymakers, and market analysts to assess the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type annual-weighted methodology.
Q: How is this trend used in economic policy?
A: The NIPA index is a critical input for economic analysis and policy discussions, as it provides a comprehensive measure of U.S. economic activity and production.
Q: Are there update delays or limitations?
A: The NIPA index data is published quarterly by the Bureau of Economic Analysis, with a typical release delay of 1-2 months.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAEN02NOQ661N), retrieved from FRED.