National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Russia
Index 2015=100, Quarterly
NAEXKP07RUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.39
Year-over-Year Change
6.06%
Date Range
1/1/2003 - 7/1/2021
Summary
The Index 2015=100, Quarterly series measures the real effective exchange rate of the U.S. dollar on a quarterly basis. This indicator is crucial for economists and policymakers to assess the international competitiveness of the U.S. economy.
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 index tracks the value of the U.S. dollar against a basket of currencies, adjusted for inflation. It provides insights into the dollar's purchasing power and can signal changes in the nation's trade balance and export competitiveness.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Historical Context
The real effective exchange rate is closely monitored by the Federal Reserve and other institutions to inform monetary and trade policy decisions.
Key Facts
- The base year for the index is 2015.
- The index includes currencies of major U.S. trading partners.
- A rising index indicates a stronger U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the real effective exchange rate of the U.S. dollar, tracking its value against a basket of currencies adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The real effective exchange rate is a crucial indicator of the U.S. economy's international competitiveness, informing trade and monetary policy decisions.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the real effective exchange rate index based on exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: The real effective exchange rate is closely monitored by the Federal Reserve and other institutions to assess the U.S. economy's trade balance and international competitiveness, which informs policy decisions.
Q: Are there update delays or limitations?
A: The real effective exchange rate index is published on a quarterly basis with no significant delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP07RUQ661S), retrieved from FRED.