Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for United States
Index 2015=100, Quarterly
USACP030000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.78
Year-over-Year Change
6.34%
Date Range
1/1/2010 - 10/1/2024
Summary
The Index 2015=100, Quarterly series measures the quarterly changes in the overall consumer price index (CPI) in the United States, with 2015 as the base year.
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
This index tracks the average change in prices paid by urban consumers for a basket of consumer goods and services, providing a broad measure of inflation in the U.S. economy. It is a key indicator used by policymakers, economists, and markets to analyze price trends and guide economic policy decisions.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The CPI index is closely monitored by the Federal Reserve and other policymakers to inform monetary policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index is released monthly by the U.S. Bureau of Labor Statistics.
- The CPI is a widely used measure of inflation in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the quarterly changes in the overall consumer price index (CPI) in the United States, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The CPI index is a key indicator used by policymakers, economists, and markets to analyze price trends and guide economic policy decisions, particularly related to monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The CPI index is closely monitored by the Federal Reserve and other policymakers to inform monetary policy decisions, such as setting interest rates and managing inflation.
Q: Are there update delays or limitations?
A: The index is released monthly by the U.S. Bureau of Labor Statistics, with a short delay between the end of the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (USACP030000IXOBQ), retrieved from FRED.