World Pandemic Uncertainty Index for Australia
WUPIAUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for Australia measures uncertainty related to the economic impact of global health crises. It is a critical indicator for policymakers and analysts tracking the effects of major pandemics on the Australian 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 World Pandemic Uncertainty Index for Australia quantifies uncertainty about the economic implications of worldwide disease outbreaks, based on textual analysis of news articles. It provides a real-time gauge of pandemic-related economic risks and volatility facing Australia.
Methodology
The index is calculated by the Federal Reserve Bank of Atlanta using natural language processing techniques applied to news media content.
Historical Context
Policymakers and investors closely monitor this index to understand the economic disruption and uncertainty caused by global health emergencies.
Key Facts
- The index has a base value of 100 set in January 2020.
- Peaks in the index correspond to major pandemic events like the COVID-19 outbreak.
- Higher index values signal greater economic uncertainty in Australia.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for Australia quantifies uncertainty about the economic implications of global health crises for the Australian economy.
Q: Why is this trend relevant for users or analysts?
A: This index provides a real-time gauge of pandemic-related economic risks and volatility facing Australia, which is crucial information for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Atlanta using natural language processing techniques applied to news media content.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this index to understand the economic disruption and uncertainty caused by global health emergencies, informing their policy responses.
Q: Are there update delays or limitations?
A: The index is updated in real-time, providing timely information on pandemic-related economic uncertainty in Australia.
Related Trends
Economic Policy Uncertainty Index: Categorical Index: Taxes
EPUTAXES
Discussion About Pandemics Index for Ecuador
WPDIECU
World Uncertainty Index for Venezuela
WUIVEN
World Pandemic Uncertainty Index for Angola
WUPIAGO
Smoothed World Uncertainty Index for Cambodia
WUIMAKHM
World Pandemic Uncertainty Index for Libya
WUPILBY
Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Australia (WUPIAUS), retrieved from FRED.