Quarterly
BPFADI03G7Q637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,916,750,000.00
Year-over-Year Change
-1.25%
Date Range
1/1/1995 - 10/1/2013
Summary
The Quarterly Personal Consumption Expenditures (PCE) Price Index measures changes in the prices paid by consumers for a basket of goods and services, providing a key gauge of U.S. 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 Quarterly PCE Price Index is a widely-followed economic indicator that helps the Federal Reserve and policymakers assess the overall health of the U.S. economy. It is a comprehensive measure of consumer price changes and a key input for adjusting monetary policy.
Methodology
The Bureau of Economic Analysis collects price data from a representative sample of businesses and calculates the PCE Price Index using a chain-weighted formula.
Historical Context
Analysts and economists closely monitor this index to understand consumer spending patterns and forecast inflation trends that impact interest rates and other policy decisions.
Key Facts
- The PCE Price Index has a broader scope than the Consumer Price Index (CPI).
- It is the Federal Reserve's preferred measure of U.S. inflation.
- Quarterly PCE data is released with a one-month lag.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Personal Consumption Expenditures (PCE) Price Index measures changes in the prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The PCE Price Index is a key indicator of U.S. inflation and helps the Federal Reserve and policymakers assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis collects price data from a representative sample of businesses and calculates the PCE Price Index using a chain-weighted formula.
Q: How is this trend used in economic policy?
A: Analysts and economists closely monitor the PCE Price Index to understand consumer spending patterns and forecast inflation trends that impact interest rates and other policy decisions.
Q: Are there update delays or limitations?
A: Quarterly PCE data is released with a one-month lag.
Related Trends
Balance of Payments: Services: Expenditure for G7
G7B6DBSE01CXCUQ
Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for G7
G7LOLITOAASTSAM
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
G7LFHUTTFESTQ
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MASTQ
Balance of Payments: Goods: Expenditure for G7
G7B6DBTD01CXCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
G7CPALTT01IXOBQ
Citation
U.S. Federal Reserve, Quarterly Personal Consumption Expenditures (PCE) Price Index (BPFADI03G7Q637N), retrieved from FRED.