Producer Prices Index: Economic Activities: Manufacturing: Total for Estonia
Growth rate same period previous year, Monthly
ESTPIEAMP01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.39
Year-over-Year Change
9.23%
Date Range
1/1/1998 - 12/1/2022
Summary
This economic trend measures the year-over-year growth rate of the Earnings and Salaries: Total Private Industries (Monthly). It provides insight into the pace of changes in total private industry earnings over time.
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 same period previous year (monthly) series tracks the year-over-year percent change in total private industry earnings. This metric is widely used by economists and policymakers to assess the strength and momentum of the U.S. labor market and overall economic conditions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of private sector employers.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The series is released monthly by the Bureau of Labor Statistics.
- It covers all private industries in the United States.
- The data dates back to 1964.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in total private industry earnings, providing insight into the strength of the U.S. labor market and broader economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in private industry earnings is a key indicator of economic performance and a key input for policymakers when making decisions on monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of private sector employers and calculated as the year-over-year percent change.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this trend to assess labor market conditions and overall economic strength, which informs their policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESTPIEAMP01GYM), retrieved from FRED.