Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
Monthly
PIEATI02DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.30
Year-over-Year Change
3.41%
Date Range
1/1/1985 - 4/1/2019
Summary
The Monthly Personal Income trend measures the total personal income of U.S. residents on a monthly basis. This indicator is closely watched by economists and policymakers as a gauge of consumer spending power and economic health.
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 includes all income received by individuals from all sources, such as wages, salaries, interest, dividends, rental income, and government benefits. Analyzing changes in personal income helps assess the broader economic environment and consumer demand.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Historical Context
Policymakers and analysts use personal income data to inform decisions about monetary and fiscal policies.
Key Facts
- Personal income increased by 0.3% in the latest month.
- Wages and salaries account for over 50% of personal income.
- Personal income growth is a key driver of consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Monthly Personal Income trend measures the total personal income of U.S. residents, including wages, salaries, interest, dividends, and government benefits.
Q: Why is this trend relevant for users or analysts?
A: Personal income is a crucial indicator of consumer spending power and overall economic health, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use personal income data to inform decisions about monetary and fiscal policies that aim to stimulate or stabilize the economy.
Q: Are there update delays or limitations?
A: The personal income data is released monthly, with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly Personal Income (PIEATI02DKM661N), retrieved from FRED.