Consumer Price Index: Health (COICOP 06): Total for Turkey
Quarterly
TURCP060000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
956.53
Year-over-Year Change
227.06%
Date Range
1/1/2005 - 7/1/2023
Summary
The Quarterly Trend measures the change in the total volume of output produced by the U.S. economy on a quarterly basis. It is a key indicator of overall economic activity and performance.
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 Quarterly Trend tracks the total value of goods and services produced in the United States, adjusted for inflation. It is a widely used metric to assess the health and trajectory of the national economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and consumers.
Historical Context
The Quarterly Trend is closely monitored by policymakers, investors, and analysts to inform economic decisions and forecasts.
Key Facts
- The Quarterly Trend reached a record high in Q4 2021.
- The trend declined sharply during the COVID-19 pandemic in 2020.
- Quarterly data is released by the BEA approximately one month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Trend measures the total value of goods and services produced in the United States on a quarterly basis, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Trend is a key indicator of overall economic performance and is closely monitored by policymakers, investors, and analysts to inform economic decisions and forecasts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and consumers.
Q: How is this trend used in economic policy?
A: The Quarterly Trend is used by policymakers, such as the Federal Reserve, to assess the health of the economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data is released by the BEA approximately one month after the end of each quarter, so there is a short delay in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Quarterly (TURCP060000IXNBQ), retrieved from FRED.