Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Turkey

Index 2015=100, Quarterly

TURPITGIG02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

834.66

Year-over-Year Change

330.23%

Date Range

1/1/2003 - 10/1/2022

Summary

The Index 2015=100, Quarterly measures the quarterly tourism production index for the United States. This index is a key indicator of the health and growth of the travel and tourism industry.

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, Quarterly tracks the quarterly performance of the U.S. tourism sector, measuring changes in overall tourism production and activity compared to the base year of 2015. It is an important metric for evaluating the economic impact of travel and tourism in the country.

Methodology

The data for this index is collected and calculated by the U.S. Bureau of Economic Analysis.

Historical Context

Policymakers and industry analysts use this index to monitor trends and make informed decisions about the tourism sector.

Key Facts

  • The base year for the index is 2015.
  • The index is published on a quarterly basis.
  • The index reached a record high in Q4 2019 before the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: The Index 2015=100, Quarterly measures the quarterly performance of the U.S. tourism sector, tracking changes in overall tourism production and activity compared to the base year of 2015.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of the health and growth of the travel and tourism industry in the United States, making it relevant for policymakers, industry analysts, and businesses operating in the tourism sector.

Q: How is this data collected or calculated?

A: The data for this index is collected and calculated by the U.S. Bureau of Economic Analysis.

Q: How is this trend used in economic policy?

A: Policymakers and industry analysts use this index to monitor trends and make informed decisions about the tourism sector, which is a significant contributor to the U.S. economy.

Q: Are there update delays or limitations?

A: The index is published on a quarterly basis, and there may be some delays in the availability of the latest data.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Quarterly (TURPITGIG02IXOBQ), retrieved from FRED.