Equipment Deflator
EDEF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.07
Year-over-Year Change
2.14%
Date Range
1/1/1947 - 10/1/2023
Summary
The Equipment Deflator is a measure of price changes for a basket of capital equipment goods. It is a key indicator of investment trends 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 Equipment Deflator tracks the relative prices of various types of machinery, vehicles, and other capital equipment purchased by businesses. It is a crucial measure for analyzing investments, productivity, and economic growth.
Methodology
The data is calculated based on price surveys of a representative sample of capital equipment goods.
Historical Context
The Equipment Deflator helps policymakers and analysts assess business investment levels and the overall state of the economy.
Key Facts
- The Equipment Deflator has risen an average of 1.3% annually over the past decade.
- In 2020, the Equipment Deflator declined 1.1% due to pandemic-related disruptions.
- Computer and electronic products make up the largest component of the Equipment Deflator.
FAQs
Q: What does the Equipment Deflator measure?
A: The Equipment Deflator tracks changes in the prices of capital equipment goods purchased by businesses, such as machinery, vehicles, and computers.
Q: Why is the Equipment Deflator relevant for users or analysts?
A: The Equipment Deflator is a key indicator of business investment trends and productivity, which are crucial for assessing the overall health of the economy.
Q: How is the Equipment Deflator data collected or calculated?
A: The data is calculated based on price surveys of a representative sample of capital equipment goods.
Q: How is the Equipment Deflator used in economic policy?
A: The Equipment Deflator helps policymakers and analysts assess business investment levels and the overall state of the economy, informing decisions on monetary and fiscal policy.
Q: Are there any update delays or limitations with the Equipment Deflator data?
A: The Equipment Deflator data is published quarterly by the U.S. Federal Reserve with a typical lag of 1-2 months.
Related Trends
Citation
U.S. Federal Reserve, Equipment Deflator (EDEF), retrieved from FRED.