Production: Energy: Total for Turkey
Annual, Seasonally Adjusted
PRENTO01TRA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.27
Year-over-Year Change
53.61%
Date Range
1/1/1985 - 1/1/2022
Summary
This trend measures the annual, seasonally adjusted rent of occupied primary residences in the United States. It provides valuable insights into the housing market and consumer costs.
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 annual, seasonally adjusted rent index tracks the change in rental prices over time, offering economists and policymakers a gauge of housing affordability and inflation pressures.
Methodology
The data is collected through the U.S. Census Bureau's Consumer Expenditure Survey.
Historical Context
This metric is closely watched by the Federal Reserve and other institutions to assess economic conditions and guide policy decisions.
Key Facts
- Rent makes up a significant portion of household budgets.
- Rental prices have risen steadily in recent years.
- The rent index is a key input for the overall Consumer Price Index (CPI).
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted rent of occupied primary residences in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into housing affordability and inflation pressures, which are crucial considerations for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this metric to assess economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and methodological limitations of the Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRENTO01TRA661S), retrieved from FRED.