Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Sweden
Index 2015=100, Annual
PIEAMI02SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
239.27
Year-over-Year Change
68.83%
Date Range
1/1/1990 - 1/1/2022
Summary
The Index 2015=100, Annual measures the year-over-year change in personal consumption expenditures (PCE) in the United States. This key economic indicator provides insights into consumer spending patterns and helps policymakers assess the overall health of the 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 Index 2015=100, Annual tracks the annual percentage change in PCE, which represents the value of goods and services purchased by U.S. consumers. This metric is a vital component of GDP and a crucial indicator of economic growth and consumer confidence.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and policymakers closely monitor this index to gauge consumer demand and make informed decisions about monetary and fiscal policies.
Key Facts
- The base year for the index is 2015.
- PCE accounts for approximately two-thirds of U.S. GDP.
- The index is released monthly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the year-over-year change in personal consumption expenditures (PCE) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and helps policymakers assess the overall health of the economy.
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: Economists and policymakers closely monitor this index to gauge consumer demand and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is released monthly by the Bureau of Economic Analysis, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAMI02SEA661N), retrieved from FRED.