Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Austria
Index 2015=100, Quarterly
PIEAFD01ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.66
Year-over-Year Change
15.07%
Date Range
1/1/2000 - 10/1/2022
Summary
The Index 2015=100, Quarterly series measures the change in personal income over time, adjusting for inflation. 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, Quarterly is a seasonally adjusted measure of personal income from the U.S. Bureau of Economic Analysis. It tracks the nominal personal income, adjusted to show real purchasing power changes compared to the 2015 base year.
Methodology
The data is collected through surveys and administrative records, then adjusted for seasonal factors.
Historical Context
This index is a leading indicator used to forecast consumer spending and overall economic conditions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It measures changes in total personal income, including wages, investment income, and government transfers.
- Policymakers closely monitor this index to assess the health of consumer finances.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures changes in total personal income, adjusting for inflation to show real purchasing power over time.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer spending power and is closely watched by policymakers, economists, and market analysts to assess broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records, then seasonally adjusted by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor consumer financial health and make decisions around monetary and fiscal policies that can impact personal income and spending.
Q: Are there update delays or limitations?
A: The Index 2015=100, Quarterly data is released on a quarterly basis with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAFD01ATQ661N), retrieved from FRED.