Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria
Annual, Seasonally Adjusted
LRHU24FEATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.01
Year-over-Year Change
4.07%
Date Range
1/1/1994 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the annual growth rate of real disposable personal income per capita, a key indicator of consumer purchasing power and economic well-being.
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 metric tracks the year-over-year change in real disposable personal income, which represents the income available to households for spending and saving after accounting for taxes and inflation. It is a widely followed statistic used by economists and policymakers to assess consumer financial health and the broader macroeconomic environment.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using personal income and population figures.
Historical Context
Trends in real disposable income per capita inform decisions around fiscal and monetary policy, consumer spending, and investment.
Key Facts
- Real disposable income per capita grew 1.7% in 2022.
- The metric has averaged 2.3% annual growth over the past decade.
- Disposable income is a key driver of consumer spending, which makes up over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the year-over-year change in real disposable personal income per capita, which represents the income available to households for spending and saving after accounting for taxes and inflation.
Q: Why is this trend relevant for users or analysts?
A: Trends in real disposable income per capita are a crucial indicator of consumer financial health and purchasing power, and inform decisions around fiscal and monetary policy, consumer spending, and investment.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using personal income and population figures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor real disposable income per capita to assess the broader macroeconomic environment and make informed decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHU24FEATA156S), retrieved from FRED.