Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Denmark
Index 2015=100, Annual, Not Seasonally Adjusted
ODCNPI03DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.80
Year-over-Year Change
121.84%
Date Range
1/1/1998 - 1/1/2022
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted trend measures the overall price changes in the production of durable goods in the United States. It is a key economic indicator used by policymakers and analysts to assess inflationary pressures and broader manufacturing activity.
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 index tracks the annual percentage change in producer prices for durable goods, which include items like machinery, electronics, and transportation equipment. It serves as an important barometer of manufacturing health and can influence monetary and fiscal policy decisions.
Methodology
The data is collected through monthly surveys of domestic producers and calculated as an annual index with a base year of 2015.
Historical Context
Policymakers and market analysts closely monitor this index to gauge the strength of the manufacturing sector and inflationary trends.
Key Facts
- The index has a base year of 2015.
- It tracks annual changes in producer prices for durable goods.
- The data is collected through monthly surveys of domestic producers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percentage change in producer prices for durable goods, which include items like machinery, electronics, and transportation equipment.
Q: Why is this trend relevant for users or analysts?
A: This index serves as an important barometer of manufacturing health and inflationary pressures, and is closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of domestic producers and calculated as an annual index with a base year of 2015.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to gauge the strength of the manufacturing sector and inflationary trends, which can influence monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but the annual index may have a delay in reflecting the most recent changes in producer prices.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (ODCNPI03DKA661N), retrieved from FRED.