National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Australia
Index 2015=100, Quarterly
NAEXKP07AUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.18
Year-over-Year Change
28.18%
Date Range
1/1/1960 - 7/1/2023
Summary
The Index 2015=100, Quarterly measures the total value of goods and services produced by a country in a given period, adjusted for inflation. It is a key indicator of economic growth and a critical metric for policymakers and analysts.
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 Index 2015=100, Quarterly, also known as real GDP, represents the total inflation-adjusted value of all final goods and services produced within a country during a specific quarter. It is a comprehensive measure of a country's economic activity and is widely used to assess economic performance and guide policy decisions.
Methodology
The data is collected through surveys of businesses and households and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and economists closely monitor this index to evaluate the health of the economy and inform decisions on monetary and fiscal policies.
Key Facts
- The index uses 2015 as the base year, with a value of 100.
- The index is released quarterly by the U.S. Bureau of Economic Analysis.
- GDP growth is a key factor in determining the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total inflation-adjusted value of all final goods and services produced within the United States during a specific quarter.
Q: Why is this trend relevant for users or analysts?
A: This index is a comprehensive measure of economic activity and a key indicator of a country's economic performance, making it crucial for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this index to evaluate the health of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is released quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of several weeks after the end of the quarter.
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AUSCPIFODQINMEI
Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Australia
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Production: Construction: Total for Australia
PRCNTO01AUQ657S
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SPASTT01AUM657N
Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Australia
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP07AUQ661S), retrieved from FRED.