Gross Domestic Product by Expenditure in Constant Prices: Private Final Consumption Expenditure for the European Union
Index 2015=100, Annual, Not Seasonally Adjusted
NAEXKP02EUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.98
Year-over-Year Change
11.66%
Date Range
1/1/1995 - 1/1/2019
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted trend measures the overall price level of goods and services exported from the United States. This key indicator provides insights into the competitiveness of U.S. exports in the global marketplace.
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 changes in the prices received by U.S. exporters for their products, adjusting for inflation and seasonal variations. Economists use this data to monitor trends in U.S. trade performance and the international purchasing power of the dollar.
Methodology
The data is collected through surveys of U.S. companies and calculated using statistical methods by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and businesses closely follow this index to understand the broader dynamics impacting U.S. export activity and trade balance.
Key Facts
- The index is benchmarked to 2015 with a base value of 100.
- Annual data is reported, reflecting full-year average export prices.
- The index is not seasonally adjusted, providing a raw measure of price changes.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices received by U.S. exporters for their products, providing a gauge of the competitiveness of U.S. exports in international markets.
Q: Why is this trend relevant for users or analysts?
A: The export price index is a key indicator used by economists, policymakers, and businesses to monitor trade dynamics and the international purchasing power of the U.S. dollar.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporting companies and calculated by the U.S. Bureau of Labor Statistics using statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely follow this index to assess the impact of exchange rates, tariffs, and other factors on the competitiveness of U.S. exports.
Q: Are there update delays or limitations?
A: The export price index is published annually, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (NAEXKP02EUA661S), retrieved from FRED.