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Index 2015=100, Quarterly
DNKCCUSMA02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.06
Year-over-Year Change
11.05%
Date Range
1/1/1960 - 10/1/2023
Summary
The Index 2015=100, Quarterly series measures the overall production and sales trends for consumer durable goods in Denmark on a quarterly basis. This index is a key indicator of consumer and business confidence.
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 2015=100, Quarterly series tracks changes in the production and sales of consumer durable goods in Denmark, which include household appliances, consumer electronics, furniture, and other long-lasting products. It serves as a barometer for consumer demand and business investment.
Methodology
The data is collected through surveys of manufacturers and retailers and calculated as an index with 2015 as the base year.
Historical Context
Economists and policymakers monitor this index to gauge the health of the Danish consumer economy.
Key Facts
- The base year for the index is 2015.
- Denmark is a major producer and consumer of durable goods.
- The index is released on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the production and sales trends for consumer durable goods in Denmark on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer and business confidence in the Danish economy, providing insight into consumer demand and business investment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturers and retailers and calculated as an index with 2015 as the base year.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this index to gauge the health of the Danish consumer economy and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis, with a short delay to allow for data collection and compilation.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (DNKCCUSMA02IXOBQ), retrieved from FRED.