Quarterly, Seasonally Adjusted
LREM55MAG7Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.10
Year-over-Year Change
4.01%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. real median household income, which is a key indicator of economic well-being and consumer purchasing power.
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
This quarterly economic indicator tracks the real (inflation-adjusted) median household income in the United States, providing insights into changes in household financial conditions and consumer spending trends.
Methodology
The data is collected and calculated by the U.S. Census Bureau through the Current Population Survey.
Historical Context
Policymakers and analysts monitor this metric to gauge the overall health of the U.S. economy and the financial status of American households.
Key Facts
- Quarterly data is released with a 3-month lag.
- The series is adjusted for seasonal variations.
- Real median household income is a better indicator than average income, which can be skewed by high-income outliers.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the real (inflation-adjusted) median household income in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into changes in household financial conditions and consumer spending patterns, which are crucial for understanding the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through the Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to gauge the financial status of American households and its implications for consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The quarterly data is released with a 3-month lag, and the series is adjusted for seasonal variations.
Related Trends
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for G7
G7NAEXKP06IXOBSAQ
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for G7
G7LFUN55FESTQ
Composite Leading Indicators: Reference Series (GDP) Trend for G7
G7LORSGPTDSTSAM
Balance of Payments: Primary Income: Expenditure for G7
G7B6DBPI01CXCUQ
Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for G7
G7LREM55FESTQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM55MAG7Q156S), retrieved from FRED.