Index 2010=1, Trend, Quarterly, Not Seasonally Adjusted
ULQBBU06EEQ662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.99
Year-over-Year Change
7.14%
Date Range
1/1/1995 - 1/1/2011
Summary
This economic trend measures the Index of Domestic Output, providing a comprehensive gauge of overall U.S. economic activity on a quarterly basis.
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 of Domestic Output is a broad-based indicator that tracks the total volume of goods and services produced within the United States. It is a key metric used by economists and policymakers to assess the health and direction of the national economy.
Methodology
The data is calculated based on a weighted average of various economic indicators, including production, sales, and employment figures.
Historical Context
The Index of Domestic Output is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2010 as the base year, with a value of 1.
- The data is released on a quarterly basis and is not seasonally adjusted.
- Analysts use the Index of Domestic Output to gauge the overall trajectory of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index of Domestic Output measures the total volume of goods and services produced within the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Index of Domestic Output is a comprehensive indicator of overall economic activity, making it a crucial metric for economists, policymakers, and market analysts to assess the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on a weighted average of various economic indicators, including production, sales, and employment figures.
Q: How is this trend used in economic policy?
A: The Index of Domestic Output is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions, as it provides a broad-based measure of economic activity.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis and is not seasonally adjusted, which may limit its use for certain types of short-term analysis.
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Citation
U.S. Federal Reserve, Index 2010=1, Trend, Quarterly, Not Seasonally Adjusted (ULQBBU06EEQ662N), retrieved from FRED.