Index 2010=1, Monthly, Seasonally Adjusted
LCEAMN01O1M661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.18
Year-over-Year Change
2.62%
Date Range
1/1/1989 - 6/1/2017
Summary
The Index 2010=1, Monthly, Seasonally Adjusted series measures the monthly change in overall consumer spending, a key indicator of economic activity and consumer 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
This index tracks inflation-adjusted consumer expenditures in the United States, providing insights into household consumption patterns and trends. It is a widely followed metric used by economists, policymakers, and analysts to assess the health of the broader economy.
Methodology
The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Historical Context
Changes in the index are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index is based on 2010 as the base year, with a value of 1.
- It is released monthly by the U.S. Bureau of Economic Analysis.
- The data is seasonally adjusted to account for recurring fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Monthly, Seasonally Adjusted series measures changes in overall consumer spending in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic activity and consumer confidence, providing insights into household consumption patterns that are closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Changes in the index are closely followed by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, with a slight delay, and the data is seasonally adjusted to account for recurring fluctuations.
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Citation
U.S. Federal Reserve, Index 2010=1, Monthly, Seasonally Adjusted (LCEAMN01O1M661S), retrieved from FRED.