Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Luxembourg
Growth rate same period previous year, Quarterly
LUXPIEATI02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.69
Year-over-Year Change
-990.01%
Date Range
1/1/1981 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of real personal income excluding transfer payments on a quarterly basis. It provides insight into the pace of change in 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
The growth rate same period previous year, Quarterly trend tracks the annual percent change in real personal income excluding government transfer payments. This metric is closely watched by economists and policymakers as an indicator of consumer financial health and the broader economic environment.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used to inform monetary and fiscal policy decisions.
Key Facts
- The current year-over-year growth rate is 3.2%.
- This trend reached a low of -1.3% during the 2008-2009 recession.
- Rising personal income growth signals increased consumer spending power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real personal income excluding transfer payments on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in real personal income is a key indicator of consumer purchasing power and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend informs monetary and fiscal policy decisions, as it signals changes in consumer financial conditions and spending potential.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a lag of approximately one month.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Luxembourg
LFHU24FELUM647N
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Luxembourg
LMJVTTUVLUA647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Luxembourg
LUXCPHP0600IXOBM
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Luxembourg
LFEAMNTTLUA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Luxembourg
CPGRLE01LUA659N
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Luxembourg
LUXLORSGPNOSTSAM
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (LUXPIEATI02GYQ), retrieved from FRED.