Producer Prices Index: Economic Activities: Energy: Domestic for Slovak Republic
Index 2015=100, Annual
PIEAEN02SKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
218.57
Year-over-Year Change
109.86%
Date Range
1/1/2003 - 1/1/2022
Summary
The Index 2015=100, Annual measures the overall change in personal income for the United States on an annual basis, with 2015 as the base year. This key economic indicator is closely watched by policymakers and analysts to assess consumer spending power and broader economic trends.
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 Index 2015=100, Annual tracks the annual percentage change in personal income, which includes wages, salaries, interest, dividends, rents, and other sources of income. It provides insight into the financial well-being of American households and serves as an important input for forecasting consumer demand and macroeconomic policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Historical Context
Analysts and policymakers use this index to gauge the strength of consumer spending and make informed decisions about fiscal and monetary policies.
Key Facts
- The index has a base year of 2015 with a value of 100.
- Personal income accounts for over two-thirds of U.S. gross domestic product.
- The index reached a record high of 123.8 in 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the annual percentage change in personal income for the United States, which includes wages, salaries, interest, dividends, and other sources of income.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the financial well-being of American households and is a key indicator of consumer spending power, which is crucial for forecasting economic growth and making informed policy decisions.
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 national income and product accounts.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this index to gauge the strength of consumer spending and make informed decisions about fiscal and monetary policies that can impact household finances and broader economic conditions.
Q: Are there update delays or limitations?
A: The index is updated annually by the U.S. Bureau of Economic Analysis, and there may be a several-month delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAEN02SKA661N), retrieved from FRED.