Index 2010=1, Trend, Annual, Not Seasonally Adjusted
ULQBBU07G7A662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
13.09%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic index measures the annual, not seasonally adjusted trend for a specific basket of goods and services, with a base year of 2010. It provides insights into changes in cost of living and consumer purchasing power.
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 2010=1, Trend, Annual, Not Seasonally Adjusted series is an economic indicator that tracks the year-over-year change in prices for a representative basket of consumer goods and services. It is a key metric used to analyze inflationary pressures and assess the real purchasing power of consumers.
Methodology
The data is collected through comprehensive surveys of consumer expenditures and calculated using a fixed-weight methodology.
Historical Context
This index is widely referenced by policymakers, analysts, and businesses to inform economic decision-making.
Key Facts
- The base year for this index is 2010.
- It measures annual, not seasonally adjusted price changes.
- The index provides insights into real purchasing power of consumers.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual, not seasonally adjusted changes in prices for a representative basket of consumer goods and services, with a base year of 2010.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power, making it widely referenced by policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive surveys of consumer expenditures and calculated using a fixed-weight methodology.
Q: How is this trend used in economic policy?
A: This index is used by policymakers, economists, and market participants to inform economic decision-making and assess the real cost of living for consumers.
Q: Are there update delays or limitations?
A: There may be occasional delays in data updates, and the index may not capture all nuances of regional or demographic-specific price changes.
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Citation
U.S. Federal Reserve, Index 2010=1, Trend, Annual, Not Seasonally Adjusted (ULQBBU07G7A662N), retrieved from FRED.