Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for NAFTA
Index 2015=100
NAFTALORSGPORIXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.52
Year-over-Year Change
2.95%
Date Range
3/1/1947 - 1/1/2024
Summary
The Index 2015=100 tracks the price level of goods and services produced in North America. It serves as an important indicator of regional economic activity and inflationary pressures.
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 is a composite measure of prices for a basket of consumer and producer goods and services in the North American Free Trade Agreement (NAFTA) region. It is a key metric for assessing regional economic performance and inflationary trends.
Methodology
The index is calculated by the U.S. Bureau of Labor Statistics based on a representative sample of prices collected across industries.
Historical Context
Policymakers and analysts closely monitor the Index 2015=100 to understand the state of the North American economy and its impact on trade, consumer spending, and monetary policy.
Key Facts
- Base year is 2015 with a value of 100.
- Covers consumer and producer prices in the NAFTA region.
- Used to assess regional economic performance and inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the price level of goods and services produced in the North American Free Trade Agreement (NAFTA) region.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of regional economic activity and inflationary pressures, informing policymakers and market participants.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Labor Statistics based on a representative sample of prices collected across industries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Index 2015=100 to understand the state of the North American economy and its impact on trade, consumer spending, and monetary policy.
Q: Are there update delays or limitations?
A: The Index 2015=100 is updated regularly by the U.S. Bureau of Labor Statistics, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Index 2015=100 (NAFTALORSGPORIXOBSAM), retrieved from FRED.