Producer Prices Index: Economic Activities: Manufacturing: Domestic for Euro Area (19 Countries)
Growth rate same period previous year, Annual
PIEAMP02EZA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.91
Year-over-Year Change
412.16%
Date Range
1/1/1996 - 1/1/2022
Summary
The growth rate same period previous year, Annual measures the year-over-year change in real personal income excluding transfer payments. It is a key indicator of economic growth and 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 annual growth rate captures the change in real personal income excluding transfer payments compared to the same period the previous year. It provides insights into the underlying strength of the economy and consumer purchasing power.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of personal income and expenditures.
Historical Context
The growth rate same period previous year, Annual is closely monitored by economists, policymakers, and market analysts to assess the health of the U.S. economy.
Key Facts
- The growth rate same period previous year, Annual reached a high of 7.0% in 2021.
- Real personal income excluding transfer payments accounts for over 60% of total U.S. personal income.
- The growth rate trend is a leading indicator of consumer spending and overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Annual measures the year-over-year change in real personal income excluding transfer payments, which is a key indicator of economic growth and consumer spending trends.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the underlying strength of the U.S. economy and consumer purchasing power, making it an important indicator for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of personal income and expenditures.
Q: How is this trend used in economic policy?
A: The growth rate same period previous year, Annual is closely monitored by policymakers and used to assess the health of the U.S. economy and inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The growth rate same period previous year, Annual data is released on a monthly basis by the U.S. Bureau of Economic Analysis, with minimal update delays.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (PIEAMP02EZA659N), retrieved from FRED.