Producer Prices Index: Type of Goods: Investments Goods: Total for Austria
Index 2015=100, Quarterly
PITGVG01ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.54
Year-over-Year Change
6.90%
Date Range
1/1/2000 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' trend measures the volume index of gross value added by the private industries in the United States, with 2015 as the base year. This important indicator provides insights into the overall health and productivity of the U.S. private sector.
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 private industries gross value added index is a key economic indicator that tracks the total value of goods and services produced by private businesses in the U.S. It serves as a gauge of private sector performance and is closely monitored by policymakers, economists, and investors.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national income and product accounts.
Historical Context
The private industries gross value added index is used to assess the state of the U.S. economy and inform policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The index reached a record high of 113.72 in Q4 2021.
- The index experienced a sharp decline in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' trend measures the volume index of gross value added by the private industries in the United States, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The private industries gross value added index is a key indicator of the overall health and productivity of the U.S. private sector, which is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national income and product accounts.
Q: How is this trend used in economic policy?
A: The private industries gross value added index is used to assess the state of the U.S. economy and inform policy decisions by policymakers and institutions.
Q: Are there update delays or limitations?
A: The private industries gross value added index is updated quarterly by the BEA, with potential for slight delays in data availability.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGVG01ATQ661N), retrieved from FRED.