Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Norway
Index 2015=100, Quarterly
PIEAFD02NOQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.07
Year-over-Year Change
29.13%
Date Range
1/1/1977 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' series measures the quarterly change in personal income and its components, adjusted for inflation. This key economic indicator provides insights into consumer spending and overall economic 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 'Index 2015=100, Quarterly' series tracks the inflation-adjusted quarterly values of personal income, which includes wages, salaries, interest, dividends, and other sources of household income. This metric is widely used by economists and policymakers to analyze consumer spending patterns and assess the broader state of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using household surveys and other statistical sources.
Historical Context
Trends in personal income are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The base year for the index is 2015.
- Personal income includes wages, salaries, dividends, and other sources of household income.
- Quarterly data is available from 1947 to the present.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' series measures the quarterly change in personal income and its components, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Trends in personal income are a key indicator of consumer spending and overall economic health, making this metric crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using household surveys and other statistical sources.
Q: How is this trend used in economic policy?
A: Trends in personal income are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data is available from 1947 to the present, with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAFD02NOQ661N), retrieved from FRED.