Producer Prices Index: Economic Activities: Domestic Mining and Quarrying Activities for the European Union
Quarterly
PIEAMI02EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.57
Year-over-Year Change
-7.13%
Date Range
1/1/2000 - 4/1/2020
Summary
The Quarterly Household Debt Service Ratio (PIEAMI02EUQ661N) measures the proportion of disposable personal income used to service household debt, providing insight into consumer financial stress and ability to service debt.
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 Household Debt Service Ratio represents the ratio of total required household debt payments to total disposable personal income. It is an important indicator of consumer financial health and a key data point for economists and policymakers analyzing household financial conditions.
Methodology
The Federal Reserve calculates this ratio using data on household debt and disposable personal income.
Historical Context
The Household Debt Service Ratio is closely watched by the Federal Reserve and other policymakers as an input for monetary and financial stability policies.
Key Facts
- The Household Debt Service Ratio reached a record high of 13.22% in Q4 2007.
- The ratio declined to 9.65% in Q2 2021 as households paid down debt during the COVID-19 pandemic.
- A higher Household Debt Service Ratio indicates greater financial strain on consumers.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Household Debt Service Ratio measures the proportion of disposable personal income used to service household debt, providing insight into consumer financial stress and ability to service debt.
Q: Why is this trend relevant for users or analysts?
A: The Household Debt Service Ratio is a key indicator of consumer financial health and an important data point for economists and policymakers analyzing household financial conditions and making decisions about monetary and financial stability policies.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this ratio using data on household debt and disposable personal income.
Q: How is this trend used in economic policy?
A: The Household Debt Service Ratio is closely watched by the Federal Reserve and other policymakers as an input for monetary and financial stability policies.
Q: Are there update delays or limitations?
A: The Household Debt Service Ratio is reported quarterly with a delay of approximately 90 days.
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Citation
U.S. Federal Reserve, Quarterly Household Debt Service Ratio (PIEAMI02EUQ661N), retrieved from FRED.