Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Russia
Index 2015=100, Annual
PIEAMI02RUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184.75
Year-over-Year Change
321.45%
Date Range
1/1/1998 - 1/1/2021
Summary
The Index 2015=100, Annual trend measures the level of personal income in the United States on an annual basis, with 2015 as the base year. This metric is a key indicator of economic growth 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 personal income index tracks the total income received by individuals from all sources, including wages, salaries, business profits, rents, and government benefits. It is used by economists and policymakers to assess the overall health and trajectory of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on a comprehensive survey of household income sources.
Historical Context
The personal income index helps inform economic policy decisions and is closely monitored by financial markets.
Key Facts
- The personal income index is benchmarked to the year 2015 with a value of 100.
- The index reached a record high of 121.92 in 2021.
- Personal income growth is a key driver of consumer spending in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual trend measures the total personal income received by individuals in the United States on an annual basis, using 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The personal income index is a crucial indicator of economic growth and consumer spending power, which are closely monitored by economists, policymakers, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on a comprehensive survey of household income sources.
Q: How is this trend used in economic policy?
A: The personal income index helps inform economic policy decisions and is closely watched by financial markets to assess the overall health and trajectory of the U.S. economy.
Q: Are there update delays or limitations?
A: The personal income index data is typically published on a monthly basis with a delay of several weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAMI02RUA661N), retrieved from FRED.