National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Russia
Index 2015=100, Annual
NAEXKP03RUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.15
Year-over-Year Change
7.07%
Date Range
1/1/2003 - 1/1/2020
Summary
The 'Index 2015=100, Annual' metric tracks the annual change in the value of national exports of goods and services for the United States, with 2015 as the base year. This key economic indicator provides insights into the performance and trends of the U.S. export sector.
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 annual index measures the volume of U.S. national exports of goods and services, with 2015 serving as the base year at a value of 100. Economists and policymakers analyze this data to assess the strength and competitiveness of the U.S. export industry and its contribution to overall economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official government trade statistics.
Historical Context
This export index is used by policymakers, analysts, and businesses to monitor the health of the U.S. trade sector and inform economic and trade policy decisions.
Key Facts
- The index reached a high of 116.7 in 2018.
- U.S. exports declined by 13.5% in 2020 due to the COVID-19 pandemic.
- The index has shown an overall upward trend since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This annual index measures the volume of U.S. national exports of goods and services, with 2015 as the base year at a value of 100.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers analyze this data to assess the strength and competitiveness of the U.S. export industry and its contribution to overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official government trade statistics.
Q: How is this trend used in economic policy?
A: This export index is used by policymakers, analysts, and businesses to monitor the health of the U.S. trade sector and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The annual data is typically published with a lag of several months, and may be subject to revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP03RUA661S), retrieved from FRED.