Revenue from Households for Other Information Services, Establishments Subject to Federal Income Tax
Millions of Dollars
HHD519TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,583.00
Year-over-Year Change
27.89%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures U.S. household disposable personal income, a key indicator of consumer spending power and economic health.
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 'Millions of Dollars' series tracks the total dollar amount of disposable personal income, which is the income available to households for spending or saving after taxes and other deductions. This metric is widely used by economists to analyze consumer trends and forecast economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor disposable personal income to understand consumer behavior and its implications for the broader economy.
Key Facts
- Disposable personal income reached a record high of $21.14 trillion in Q2 2022.
- Personal savings rate was 5.1% in August 2022, down from a pandemic peak of 33.8%.
- Disposable income is a leading indicator of retail sales and other consumer-driven economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars' series tracks the total disposable personal income available to U.S. households for spending or saving after taxes and other deductions.
Q: Why is this trend relevant for users or analysts?
A: Disposable personal income is a key indicator of consumer spending power and a leading driver of economic growth, making it closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor disposable personal income to understand consumer behavior and its implications for the broader economy, informing decisions on interest rates, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a delay of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Millions of Dollars (HHD519TAXABL144QNSA), retrieved from FRED.