Growth Rate Previous Period, Quarterly, Seasonally Adjusted
BPDBSE01G7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.35
Year-over-Year Change
-47.17%
Date Range
4/1/1995 - 10/1/2013
Summary
This economic trend measures the quarter-over-quarter growth rate of the Bureau of Economic Analysis' Personal Consumption Expenditures chain-type price index, a key indicator of consumer inflation.
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 Personal Consumption Expenditures (PCE) price index is a comprehensive measure of changes in consumer prices. The growth rate of this index is closely watched by policymakers and analysts as a gauge of inflationary pressures in the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on consumer spending surveys.
Historical Context
The PCE growth rate is a crucial input for Federal Reserve monetary policy decisions.
Key Facts
- The PCE index is the Federal Reserve's preferred measure of inflation.
- The quarterly growth rate is reported on an annualized basis.
- This metric is used to assess price stability and guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the Personal Consumption Expenditures (PCE) price index, a key indicator of consumer inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The PCE growth rate is closely watched by policymakers and economists as a gauge of inflationary pressures, which is crucial for Federal Reserve monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on consumer spending surveys.
Q: How is this trend used in economic policy?
A: The PCE growth rate is a key input for Federal Reserve monetary policy decisions, as it helps assess price stability and inflationary pressures in the U.S. economy.
Q: Are there update delays or limitations?
A: The PCE growth rate data is released on a quarterly basis by the Bureau of Economic Analysis, with a typical delay of about one month.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (BPDBSE01G7Q657S), retrieved from FRED.