Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Spain
Annual, Seasonally Adjusted
LRIN64TTESA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.40
Year-over-Year Change
-1.26%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the average annual household income in the United States, adjusted for seasonal variations. This key economic indicator provides insights into consumer spending power and the overall health 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
This annual household income trend represents the mean income earned by American households over a 12-month period, with seasonal fluctuations removed. It is widely used by economists, policymakers, and market analysts to assess economic conditions and forecast consumer behavior.
Methodology
The data is collected through the U.S. Census Bureau's annual household survey and adjusted for seasonal effects.
Historical Context
This income metric is crucial for informing economic and fiscal policies that aim to support household financial well-being and drive economic growth.
Key Facts
- The average U.S. household income in 2021 was $79,900.
- Household income has increased by 35% over the past two decades.
- Income levels vary significantly by region, education, and demographic factors.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the average annual income earned by U.S. households, adjusted to remove seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This income metric is a key indicator of consumer purchasing power and overall economic well-being, making it crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual household survey and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and economists rely on this income data to inform decisions related to taxation, spending, and other policies aimed at supporting household financial stability and driving economic growth.
Q: Are there update delays or limitations?
A: The data is typically released with a delay of several months, and may not fully capture the impact of sudden economic shocks or regional variations.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN64TTESA156S), retrieved from FRED.