Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Canada
Index 2015=100, Annual
PIEAFD01CAA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.88
Year-over-Year Change
51.88%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic indicator measures the annual rate of change in personal income, excluding current transfer receipts, for the United States. It is a key metric for analyzing consumer spending and economic growth.
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 Personal Income Excluding Current Transfer Receipts Annual Index tracks changes in personal income, excluding government transfers like Social Security and unemployment benefits. This provides a more accurate assessment of underlying consumer purchasing power and the overall health of the economy.
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 watched by policymakers, analysts, and investors to gauge consumer spending trends and the trajectory of the broader economy.
Key Facts
- The index has a base year of 2015 = 100.
- Excludes government transfer payments like Social Security.
- Provides a more accurate picture of underlying consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual rate of change in personal income, excluding current transfer receipts, for the United States. It provides a gauge of underlying consumer purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by policymakers, analysts, and investors as it offers insights into consumer spending trends and the overall health of the 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 used by economists and policymakers to assess consumer spending patterns and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of several weeks, and may be subject to revisions over time.
Related Trends
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Canada
QCAPAM770A
Credit to Government and State-Owned Enterprises to GDP for Canada
DDEI08CAA156NWDB
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for Canada
CANB6FAOI01CXCUQ
Work Started: Construction: Dwellings and Residential Buildings: Total for Canada
WSCNDW01CAA657S
Nominal Final Consumption Expenditure for Canada
NCNSAXDCCAQ
Interest Rates: 3-Month or 90-Day Rates and Yields: Commercial/Corporate Paper: Total for Canada
IR3TCP01CAM156N
Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAFD01CAA661N), retrieved from FRED.