Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Czech Republic
Growth rate previous period, Monthly
CZEPIEAMI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.86
Year-over-Year Change
-275.39%
Date Range
2/1/1990 - 12/1/2022
Summary
This economic trend measures the monthly growth rate of the Personal Income and Outlays indicator, which is a key measure of consumer economic activity and a leading indicator of future economic performance.
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 Growth Rate Previous Period, Monthly trend tracks the month-over-month percentage change in personal income, which includes wages, salaries, interest, dividends, and transfer payments. This indicator provides insight into the strength and direction of consumer spending, a critical driver of overall economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of households and businesses.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health of the consumer economy and inform decisions on fiscal and monetary policy.
Key Facts
- Personal income accounts for over two-thirds of U.S. gross domestic product (GDP).
- The growth rate in personal income is a leading indicator of future consumer spending.
- This metric is released monthly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in personal income, including wages, salaries, interest, dividends, and transfer payments.
Q: Why is this trend relevant for users or analysts?
A: Personal income is a critical driver of consumer spending, which accounts for over two-thirds of the U.S. economy. The growth rate in personal income is a leading indicator of future economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of households and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the health of the consumer economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: This data is released monthly by the Bureau of Economic Analysis with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (CZEPIEAMI02GPM), retrieved from FRED.