Producer Prices Index: Economic Activities: Energy: Total for Norway
Index 2015=100, Monthly
PIEAEN01NOM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246.06
Year-over-Year Change
-5.93%
Date Range
1/1/1995 - 1/1/2023
Summary
The Index 2015=100, Monthly series measures the monthly value of personal income excluding transfer payments in the United States, a key indicator of economic activity 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
Personal income excluding transfer payments is a widely tracked economic metric that reflects the broader trends in labor income, business earnings, and other sources of household income. It is used by policymakers, analysts, and researchers to assess the financial well-being of American consumers.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
This index is closely monitored for insights into consumer spending, confidence, and the overall health of the U.S. economy.
Key Facts
- Measures monthly personal income excluding transfer payments in the U.S.
- An important indicator of consumer financial well-being and spending power.
- Used by policymakers and analysts to assess the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly series measures the monthly value of personal income excluding transfer payments in the United States.
Q: Why is this trend relevant for users or analysts?
A: Personal income excluding transfer payments is a widely tracked metric that reflects broader trends in labor income, business earnings, and household finances, providing insights into consumer spending, confidence, and 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. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, economists, and market analysts for insights into consumer spending patterns and the broader state of the U.S. economy, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Economic Analysis, with a typical lag of several weeks from the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PIEAEN01NOM661N), retrieved from FRED.