Production: Energy: Electricity: Total for India
Quarterly, Seasonally Adjusted
PRENEL01INQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.02
Year-over-Year Change
18.81%
Date Range
4/1/1994 - 10/1/2018
Summary
The Quarterly, Seasonally Adjusted series measures the total net earnings of U.S. employees on a quarterly basis, adjusting for seasonal variations. This key economic indicator provides insights into consumer spending power and labor market 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 series tracks the total earnings received by U.S. employees, including wages, salaries, and other compensation, on a quarterly basis. It is a valuable metric for analyzing consumer purchasing power, labor market dynamics, and broader economic conditions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on employer payroll records.
Historical Context
Economists and policymakers monitor this series to gauge the strength of consumer demand and assess the overall health of the U.S. economy.
Key Facts
- Quarterly earnings data is released approximately 2 months after the end of each quarter.
- Seasonally adjusted data accounts for recurring fluctuations in employment and earnings.
- Trends in this series can signal shifts in consumer spending patterns and overall economic growth.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total net earnings received by U.S. employees on a quarterly basis, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in quarterly, seasonally adjusted earnings provide insights into consumer spending power and the overall health of the labor market, which are crucial indicators for economists and policymakers.
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 employer payroll records.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this series to gauge the strength of consumer demand and assess the overall health of the U.S. economy, which can inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly earnings data is released approximately 2 months after the end of each quarter, and the seasonally adjusted figures account for recurring fluctuations in employment and earnings.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRENEL01INQ661S), retrieved from FRED.