Producer Prices Index: Economic Activities: Total Manufacture of Food Products for the European Union
Quarterly
PIEAFD01EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.37
Year-over-Year Change
2.80%
Date Range
1/1/2000 - 4/1/2020
Summary
The Quarterly Personal Income and Employment Adjustment for Inflation (PIEAFD01EUQ661N) measures the U.S. personal income growth rate adjusted for inflation on a quarterly basis. This key economic indicator provides insights into consumer spending power and financial health.
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 Quarterly Personal Income and Employment Adjustment for Inflation (PIEAFD01EUQ661N) tracks the rate of change in personal income for U.S. residents, with adjustments made to account for the effects of inflation. This metric is widely used by economists and policymakers to assess the overall strength of the consumer economy.
Methodology
The data for this series is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The Quarterly Personal Income and Employment Adjustment for Inflation trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. personal income growth rate averaged 5.2% in 2022.
- Inflation-adjusted personal income declined by 0.3% in Q4 2022.
- Personal income is a key driver of consumer spending in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Personal Income and Employment Adjustment for Inflation (PIEAFD01EUQ661N) measures the rate of change in personal income for U.S. residents, adjusting for the effects of inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending power and financial health, which are crucial factors for understanding the overall strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The data for this series is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Quarterly Personal Income and Employment Adjustment for Inflation trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data for this series is typically released on a quarterly basis, with some delays due to the time required for data collection and analysis.
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Citation
U.S. Bureau of Economic Analysis, Quarterly Personal Income and Employment Adjustment for Inflation (PIEAFD01EUQ661N), retrieved from FRED.