Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Ireland
Index 2015=100, Quarterly
PIEAMI01IEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.03
Year-over-Year Change
25.32%
Date Range
1/1/1995 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' series measures the real personal income excluding transfer receipts, annual rate, index 2015=100, quarterly, seasonally adjusted. This metric provides insights into the underlying trends in personal income growth, which is a key indicator of economic health and consumer spending power.
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 personal income excluding transfer receipts, which excludes government benefits and focuses on market-based personal income. This index is a widely used gauge of the purchasing power and financial well-being of U.S. households.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts monitor this index to assess the strength of consumer demand and the overall trajectory of the economy.
Key Facts
- The index is based on 2015 as the reference year, with a value of 100.
- The data is reported on a quarterly basis and is seasonally adjusted.
- Real personal income excluding transfer receipts is a key measure of household purchasing power.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' series measures the inflation-adjusted personal income excluding government transfer payments, providing insights into the underlying trends in household purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of the financial well-being and spending capacity of U.S. households, which is closely monitored by policymakers and economists to assess the strength of consumer demand and the overall economic trajectory.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gauge the strength of consumer demand and the overall health of the economy, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis and is subject to revisions by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAMI01IEQ661N), retrieved from FRED.