Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France
Index 2015=100, Quarterly
FRACPGRSE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.18
Year-over-Year Change
8.54%
Date Range
1/1/1990 - 1/1/2025
Summary
The Index 2015=100, Quarterly series measures changes in total factor productivity in the U.S. private sector. This key metric provides insights into the efficiency and technological progress of the economy.
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
Total factor productivity (TFP) is a measure of economic efficiency that captures how much output can be generated from a given set of inputs like labor and capital. Tracking changes in this index helps economists assess the underlying drivers of economic growth.
Methodology
The data is calculated by the U.S. Federal Reserve using a growth accounting framework.
Historical Context
TFP trends are closely monitored by policymakers and analysts to gauge the productive capacity and dynamism of the U.S. economy.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Quarterly data is available from 1947 to the present.
- Higher TFP values indicate more efficient economic output.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures changes in total factor productivity (TFP) in the U.S. private sector, providing insights into the overall efficiency and technological progress of the economy.
Q: Why is this trend relevant for users or analysts?
A: TFP trends are closely watched by economists and policymakers as a key indicator of the economy's productive capacity and potential for growth.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a growth accounting framework that measures output relative to labor and capital inputs.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use TFP trends to assess the underlying drivers of economic growth and the overall dynamism of the U.S. economy.
Q: Are there update delays or limitations?
A: The quarterly data is published with a lag, but the Federal Reserve provides the most up-to-date information available on their website.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (FRACPGRSE01IXOBQ), retrieved from FRED.