Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Switzerland
Index 2015=100, Monthly
PIEAFD02CHM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.65
Year-over-Year Change
3.34%
Date Range
5/1/2003 - 12/1/2022
Summary
The Index 2015=100, Monthly trend measures the overall performance of the personal income and expenditures sector in the United States on a monthly basis. This metric is vital for economists and policymakers to gauge the health and growth of personal consumption, a key driver of the broader economy.
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, Monthly tracks the monthly changes in personal income and expenditures, providing an overview of consumer spending patterns and the strength of the U.S. personal income sector. This index is a valuable indicator of the economy's direction and consumer confidence.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and statistical models.
Historical Context
This trend is closely monitored by the Federal Reserve, policymakers, and market analysts to inform economic decision-making and policy.
Key Facts
- The base year for the index is 2015 with a value of 100.
- The index measures both income and expenditures on a monthly basis.
- It is a key indicator of the overall health of the U.S. personal income sector.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly tracks the monthly changes in personal income and expenditures in the United States, providing an overview of consumer spending patterns and the strength of the personal income sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is vital for economists and policymakers to gauge the health and growth of personal consumption, a key driver of the broader U.S. economy. It is closely monitored to inform economic decision-making and policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and statistical models.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Monthly is closely monitored by the Federal Reserve, policymakers, and market analysts to inform economic decision-making and policy.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis by the U.S. Bureau of Economic Analysis, with typical update delays of several weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PIEAFD02CHM661N), retrieved from FRED.