Producer Prices Index: Economic Activities: Manufacturing: Domestic for Russia
Growth rate same period previous year, Quarterly
PIEAMP02RUQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.68
Year-over-Year Change
95.75%
Date Range
1/1/1999 - 10/1/2021
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year percent change in the Personal Income and Outlays report, a key indicator of consumer economic activity and a data input for GDP.
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 quarterly metric tracks the real growth rate of personal income and spending compared to the same quarter in the prior year. It provides insight into the momentum of consumer demand and consumption, which are major drivers of the broader U.S. economy.
Methodology
The data is calculated from the Bureau of Economic Analysis' Personal Income and Outlays report, a monthly survey of household income, spending, and savings.
Historical Context
Policymakers and analysts closely monitor this indicator to assess the health of the consumer economy and guide macroeconomic decision-making.
Key Facts
- Quarterly metric, not seasonally adjusted
- Measures year-over-year percent change
- Based on Personal Income and Outlays report
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year percent change in personal income and consumer spending, providing insight into the momentum of the consumer economy.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of personal income and consumer spending is a key indicator of economic health and a major input for broader economic metrics like GDP.
Q: How is this data collected or calculated?
A: The data is calculated from the Bureau of Economic Analysis' monthly Personal Income and Outlays report, a survey of household income, spending, and savings.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the strength of consumer demand and make macroeconomic decisions accordingly.
Q: Are there update delays or limitations?
A: The data is released quarterly and is not seasonally adjusted, which should be considered when interpreting the results.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PIEAMP02RUQ659N), retrieved from FRED.