Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for Finland
Quarterly, Not Seasonally Adjusted
LFINTTTTFIQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,903,100.00
Year-over-Year Change
3.06%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the personal consumption expenditures (PCE) price index, which tracks changes in the prices paid by consumers for a variety of goods and services. It is a key indicator of inflation and consumer spending patterns.
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 PCE price index is a widely followed measure of U.S. inflation, used by the Federal Reserve and other policymakers to assess price stability and guide monetary policy decisions. It provides a comprehensive view of consumer spending and inflationary pressures in the economy.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
The PCE price index is a crucial input for Federal Reserve policy and economic forecasting.
Key Facts
- The PCE price index is the Federal Reserve's preferred measure of inflation.
- It covers a broader range of consumer expenditures than the Consumer Price Index (CPI).
- The PCE price index is published quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The PCE price index measures the prices paid by consumers for a broad range of goods and services, providing a comprehensive view of inflationary pressures in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The PCE price index is a crucial indicator used by the Federal Reserve and other policymakers to assess price stability and guide monetary policy decisions. It is a key input for economic forecasting and analysis.
Q: How is this data collected or calculated?
A: The data for the PCE price index is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The PCE price index is a central input for the Federal Reserve's monetary policy decisions, as it helps the central bank evaluate inflationary pressures and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The PCE price index is published quarterly by the U.S. Bureau of Economic Analysis, with a typical release delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFINTTTTFIQ647N), retrieved from FRED.