National Accounts: GDP by Expenditure: Constant Prices: Less Imports of Goods and Services for G7
Index 2010=100
G7NAEXKP07IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.81
Year-over-Year Change
8.93%
Date Range
1/1/1962 - 1/1/2018
Summary
This index measures the real effective exchange rate of the U.S. dollar against the currencies of major U.S. trading partners. It is an important indicator of the dollar's purchasing power and competitiveness in global markets.
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 real effective exchange rate (REER) index tracks the value of the U.S. dollar relative to a basket of other major currencies, adjusted for inflation. It provides insight into the dollar's strength and trade dynamics, which impact U.S. exports, imports, and economic performance.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and price indices.
Historical Context
The REER index is closely monitored by policymakers, economists, and market analysts to assess the U.S. dollar's global position.
Key Facts
- The index base year is 2010.
- A higher index value indicates a stronger U.S. dollar.
- The index considers 26 major trading partners.
FAQs
Q: What does this economic trend measure?
A: This index measures the real effective exchange rate (REER) of the U.S. dollar against the currencies of major U.S. trading partners, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER index provides insight into the U.S. dollar's purchasing power and trade competitiveness, which are crucial factors for evaluating the country's economic performance and policies.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and price indices.
Q: How is this trend used in economic policy?
A: The REER index is closely monitored by policymakers, economists, and market analysts to assess the U.S. dollar's global position and its impact on trade, exports, imports, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and the index may not fully capture rapid or unexpected changes in exchange rates or inflation.
Related Trends
Balance of Payments: Secondary Income: Expenditure for G7
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International Trade: Imports: Value (goods): Total for G7
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Balance of Payments: Direct Investment: Net (Assets Minus Liabilities) for G7
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
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Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
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Citation
U.S. Federal Reserve, Index 2010=100 (G7NAEXKP07IXOBSAQ), retrieved from FRED.