Producer Prices Index: Economic Activities: Manufacturing: Domestic for Slovak Republic
Growth rate same period previous year, Quarterly
PIEAMP02SKQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.15
Year-over-Year Change
-1671.55%
Date Range
1/1/1995 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of personal income, reported quarterly. It provides important insights into consumer spending power and the overall state of the economy.
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 growth rate same period previous year, Quarterly trend tracks the percent change in personal income compared to the same quarter a year earlier. This indicator helps economists and policymakers assess changes in household purchasing power and consumption patterns.
Methodology
This data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of personal income.
Historical Context
Monitoring this trend is crucial for understanding consumer behavior and informing economic and monetary policy decisions.
Key Facts
- Personal income grew 4.2% year-over-year in Q4 2022.
- This indicator has averaged 4.5% annual growth over the past decade.
- Steady personal income gains support consumer spending and broader economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year percent change in personal income, reported quarterly. It provides insights into consumer spending power and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: Monitoring changes in personal income is crucial for understanding consumer behavior and informing economic and policy decisions.
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 of personal income.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess consumer spending power and the overall state of the economy, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This data is reported quarterly with a delay of approximately one month after the end of the reference period.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Slovak Republic
SVKCP070000IXOBQ
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Slovakia
CP0122SKM086NEST
Fertility Rate, Total for the Slovak Republic
SPDYNTFRTINSVK
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Slovak Republic
SVKB6BLTT02STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Slovak Republic
SVKCPHP0404GYM
Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Slovakia
CP0432SKM086NEST
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PIEAMP02SKQ659N), retrieved from FRED.