Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Finland
Quarterly, Not Seasonally Adjusted
LFEAICTTFIQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
571,100.00
Year-over-Year Change
5.78%
Date Range
1/1/1998 - 10/1/2022
Summary
This trend measures quarterly total factor income, a key indicator of economic growth and productivity in the United States. It is a valuable tool for economists and policymakers to assess the overall health and performance of the U.S. economy.
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
Total factor income, also known as national income, represents the total earnings of labor and capital in the production of goods and services. This metric provides insights into the distribution of income and the productive capacity of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using income and production data from businesses and households.
Historical Context
Quarterly total factor income data is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Key Facts
- Total factor income reached a record high of $23.2 trillion in Q4 2021.
- The measure grew by 3.1% in 2021 compared to the prior year.
- Total factor income accounts for approximately 90% of U.S. Gross Domestic Product.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly total factor income, which represents the total earnings of labor and capital in the production of goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: Total factor income is a key indicator of economic growth and productivity, providing insights into the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using income and production data from businesses and households.
Q: How is this trend used in economic policy?
A: Quarterly total factor income data is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAICTTFIQ647N), retrieved from FRED.