Producer Prices Index: Economic Activities: Manufacturing: Total for Canada
Index 2015=100, Annual
PIEAMP01CAA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.58
Year-over-Year Change
50.72%
Date Range
1/1/1960 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the annual rate of change in personal income in the United States. This metric is closely watched by economists and policymakers as an indicator of consumer spending power and economic growth.
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 changes in the total income received by individuals, including wages, salaries, investments, and government benefits. It is a key barometer of the overall health and purchasing power of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
Policymakers use this index to inform decisions around monetary and fiscal policies that impact consumer spending and economic activity.
Key Facts
- The personal income index is benchmarked to the year 2015.
- Annual personal income growth averaged 4.7% from 2010-2019.
- Personal income fell 3.3% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual trend measures the year-over-year change in total personal income received by individuals in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending power and overall economic health, making it closely watched by economists, policymakers, and market analysts.
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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers use the personal income index to inform decisions around monetary and fiscal policies that impact consumer spending and economic activity.
Q: Are there update delays or limitations?
A: The personal income index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAMP01CAA661N), retrieved from FRED.