Producer Prices Index: Economic Activities: Manufacturing: Domestic for Germany
Growth rate same period previous year, Monthly
PIEAMP02DEM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.06
Year-over-Year Change
25.47%
Date Range
1/1/1960 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' metric measures the year-over-year change in a key personal income indicator, providing insights into consumer spending trends.
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
This series tracks the month-over-month growth rate in personal income excluding transfer payments, a closely watched indicator of consumer purchasing power and economic momentum.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric informs economic analysis and policymaking decisions.
Key Facts
- The series has been tracked by the U.S. government since 1959.
- It is published on a monthly basis with a 1-2 month lag.
- Positive growth indicates expanding consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year growth rate in personal income excluding transfer payments, providing insights into consumer spending trends and economic momentum.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by economists, policymakers, and market participants as a gauge of consumer purchasing power and 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: This metric informs economic analysis and policymaking decisions, as changes in personal income can signal shifts in consumer spending and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 1-2 month lag.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (PIEAMP02DEM659N), retrieved from FRED.