Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
Growth rate same period previous year, Annual
PIEAMP02PTA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.62
Year-over-Year Change
403.46%
Date Range
1/1/1983 - 1/1/2022
Summary
This economic trend measures the annual growth rate of personal income excluding current transfer receipts, a key indicator of economic well-being and consumer spending power.
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
Personal income excluding current transfer receipts represents the income households earn from productive economic activities such as employment, investments, and business ownership. This metric is widely used by economists and policymakers to assess the underlying strength of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Changes in this metric can inform monetary and fiscal policy decisions.
Key Facts
- Personal income excluding transfers grew 3.2% in 2022.
- This metric reached a low of -2.1% during the 2020 recession.
- Rapid income growth supports consumer spending and GDP expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of personal income excluding current transfer receipts, which represents the income households earn from productive economic activities.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess the underlying strength of the economy and household financial well-being, which informs decisions about monetary and fiscal policy.
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: Changes in this metric can inform monetary and fiscal policy decisions, as it reflects the core earnings power and spending capacity of households.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (PIEAMP02PTA659N), retrieved from FRED.