Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Estonia
Growth rate previous period, Quarterly
ESTPIEAFD02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.46
Year-over-Year Change
-1123.60%
Date Range
4/1/2002 - 10/1/2022
Summary
This economic indicator measures the quarterly growth rate of expenditures on equipment and software by businesses in the United States. It is an important gauge of business investment and economic expansion.
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 growth rate of equipment and software expenditures is a key metric for understanding the health and momentum of the U.S. economy. It reflects firms' confidence in future demand and their willingness to invest in productivity-enhancing capital.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
Policymakers and analysts monitor this trend to assess the business investment climate and broader macroeconomic conditions.
Key Facts
- Equipment and software account for over half of total business investment in the U.S.
- This indicator is released quarterly as part of the GDP report.
- Sustained declines in the growth rate can signal an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly growth rate of expenditures on equipment and software by U.S. businesses. It reflects the pace of investment in productivity-enhancing capital.
Q: Why is this trend relevant for users or analysts?
A: Equipment and software investment is a key driver of economic growth, so this metric provides insight into the investment climate and business confidence.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the health of the business investment environment and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: This indicator is released quarterly as part of the GDP report, so there may be a short delay before the latest data becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (ESTPIEAFD02GPQ), retrieved from FRED.