National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Czech Republic
Index 2015=100, Quarterly
NAEXKP04CZQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.59
Year-over-Year Change
8.71%
Date Range
1/1/1996 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the real effective exchange rate of the U.S. dollar, a key indicator of international trade and economic competitiveness.
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) tracks the value of the U.S. dollar relative to a basket of other major currencies, adjusted for inflation. It is used to assess the dollar's purchasing power and trade balance.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Historical Context
The REER index is closely monitored by policymakers, businesses, and analysts for insights into U.S. trade dynamics and economic performance.
Key Facts
- The base year for the index is 2015.
- A higher REER indicates the U.S. dollar has appreciated relative to its trading partners.
- The REER index can signal changes in a country's trade competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the real effective exchange rate (REER) of the U.S. dollar, which tracks the dollar's value relative to a basket of other major currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER index is a key indicator of the U.S. dollar's purchasing power and trade competitiveness, providing insights into the country's international trade dynamics and economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: The REER index is closely monitored by policymakers, businesses, and analysts to assess the U.S. trade balance and make informed decisions about economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of a few months, and may be subject to periodic revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP04CZQ661S), retrieved from FRED.