Index 2010=1, Monthly
CPGDFD02G7M661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.11
Year-over-Year Change
1.00%
Date Range
1/1/1970 - 9/1/2017
Summary
The 'Index 2010=1, Monthly' trend measures the price-adjusted, seasonally-adjusted gross domestic product (GDP) for the United States. This fundamental economic indicator is critical for policymakers and analysts to assess overall economic health and growth.
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 GDP index tracks changes in the total volume of goods and services produced within the United States, adjusted for inflation. It serves as a broad measure of economic activity and is widely used to analyze economic performance and inform policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
The GDP index is a key input for fiscal and monetary policy, and is closely monitored by government, businesses, and financial markets.
Key Facts
- The GDP index is calculated with a base year of 2010 = 1.
- The index is reported on a monthly frequency.
- The data is seasonally adjusted to account for recurring calendar effects.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Monthly' trend measures the price-adjusted, seasonally-adjusted gross domestic product (GDP) for the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP index is a fundamental indicator of overall economic health and growth, and is closely watched by policymakers, businesses, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: The GDP index is a key input for fiscal and monetary policy decisions, as it provides a comprehensive measure of economic activity in the United States.
Q: Are there update delays or limitations?
A: The GDP index data is released on a monthly basis with a typical delay of several weeks.
Related Trends
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Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
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Citation
U.S. Federal Reserve, Index 2010=1, Monthly (CPGDFD02G7M661N), retrieved from FRED.