World Pandemic Uncertainty Index for Norway
This dataset tracks world pandemic uncertainty index for norway over time.
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for Norway measures policy uncertainty related to the COVID-19 pandemic. It is a key indicator for assessing the economic impact of pandemic-related policy changes in Norway.
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 World Pandemic Uncertainty Index (WPUI) tracks policy uncertainty due to the COVID-19 pandemic based on analysis of news articles. The Norway-specific index provides a data-driven measure of pandemic-related uncertainty for policymakers and analysts studying the Norwegian economy.
Methodology
The WPUI is calculated by the Federal Reserve Bank of Dallas based on automated textual analysis of major Norwegian news sources.
Historical Context
The WPUI is used by economists, policymakers, and investors to understand how pandemic-related uncertainty affects the Norwegian economy and markets.
Key Facts
- The WPUI for Norway reached a record high in April 2020 during the initial COVID-19 outbreak.
- The index has shown increased volatility since the start of the pandemic.
- Elevated WPUI levels are associated with reduced business investment and consumer spending in Norway.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for Norway measures policy uncertainty related to the COVID-19 pandemic in the Norwegian economy.
Q: Why is this trend relevant for users or analysts?
A: The WPUI provides a real-time, data-driven indicator of pandemic-related uncertainty that is crucial for understanding the economic impacts of COVID-19 in Norway.
Q: How is this data collected or calculated?
A: The WPUI is calculated by the Federal Reserve Bank of Dallas based on automated textual analysis of major Norwegian news sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the WPUI to assess the effects of pandemic-related uncertainty on the Norwegian economy and guide policy responses.
Q: Are there update delays or limitations?
A: The WPUI is updated monthly with a short publication lag. The index may be subject to changes in news coverage or analysis methodology over time.
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Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Norway (WUPINOR), retrieved from FRED.