Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Russia
Index 2015=100, Quarterly
PIEAMI02RUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.67
Year-over-Year Change
28.52%
Date Range
1/1/1998 - 10/1/2021
Summary
The Quarterly Personal Income Excluding Current Transfer Receipts Index measures the change in personal income excluding government transfer payments over time, providing insight into the underlying strength of the U.S. 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 Quarterly Personal Income Excluding Current Transfer Receipts Index tracks personal income in the United States, excluding government assistance programs like Social Security and unemployment benefits. This metric gives economists a clearer picture of private-sector earnings and consumer purchasing power.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Policymakers and analysts use this index to gauge the health of the U.S. economy and consumer sector.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Quarterly data is reported with a 2-month lag.
- The index has risen by over 15% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Personal Income Excluding Current Transfer Receipts Index tracks changes in personal income in the United States, excluding government transfer payments like Social Security and unemployment benefits.
Q: Why is this trend relevant for users or analysts?
A: This index provides a clearer picture of the underlying strength of the U.S. consumer sector and private-sector earnings, which is important for assessing the health of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gauge consumer purchasing power and the overall state of the U.S. economy, which informs decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The quarterly data is reported with a 2-month lag, and the index may not fully capture certain types of income, such as irregular or informal earnings.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAMI02RUQ661N), retrieved from FRED.