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Monthly, Not Seasonally Adjusted

RUSLREMTTFESTM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

53.68

Year-over-Year Change

2.86%

Date Range

8/1/2009 - 12/1/2021

Summary

The Russell 3000 Telecom Services Index measures the performance of the telecom services sector of the Russell 3000 Index. It is a key indicator for investors and policymakers to track the health of the US telecommunications industry.

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 Russell 3000 Telecom Services Index consists of companies classified as part of the telecommunication services sector within the broader Russell 3000 Index, which represents approximately 98% of the investable US equity market. The index provides a comprehensive view of the US telecom services industry.

Methodology

The index is calculated and maintained by FTSE Russell based on market capitalization of constituent companies.

Historical Context

The Russell 3000 Telecom Services Index is widely used by analysts and investors to assess the overall performance and trends within the US telecommunications services market.

Key Facts

  • The index has over 30 constituent companies.
  • It represents approximately 3% of the Russell 3000 Index by market capitalization.
  • The index has an average daily trading volume of over $100 million.

FAQs

Q: What does this economic trend measure?

A: The Russell 3000 Telecom Services Index measures the performance of the telecom services sector within the broader Russell 3000 Index, which represents the investable US equity market.

Q: Why is this trend relevant for users or analysts?

A: The index provides a comprehensive view of the US telecommunications services industry, making it a key indicator for investors, analysts, and policymakers to track the overall health and performance of this sector.

Q: How is this data collected or calculated?

A: The index is calculated and maintained by FTSE Russell based on the market capitalization of the constituent companies.

Q: How is this trend used in economic policy?

A: The Russell 3000 Telecom Services Index is widely used by analysts, investors, and policymakers to assess the overall performance and trends within the US telecommunications services market, which is an important component of the broader economy.

Q: Are there update delays or limitations?

A: The index is updated and published in real-time, with no significant delays. However, the index is limited to the telecom services sector and may not capture the full breadth of the telecommunications industry.

Related Trends

Citation

U.S. Federal Reserve, Russell 3000 Telecom Services Index (RUSLREMTTFESTM), retrieved from FRED.