Growth Rate Previous Period, Quarterly, Seasonally Adjusted

PRINTO01O1Q657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.06

Year-over-Year Change

305.36%

Date Range

4/1/1975 - 4/1/2017

Summary

This economic trend measures the quarter-over-quarter growth rate of the U.S. Personal Income, excluding Transfer Payments. It is a key indicator of household consumption and economic growth.

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 Personal Income Growth Rate is a widely followed measure of the change in personal income, a key driver of consumer spending and overall economic activity. Economists and policymakers use this metric to gauge the underlying health of the U.S. economy.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).

Historical Context

This growth rate is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.

Key Facts

  • Personal income excludes government transfer payments.
  • Growth rates are calculated on a quarter-over-quarter basis.
  • Data is seasonally adjusted to account for recurring fluctuations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarter-over-quarter growth rate of U.S. personal income, excluding government transfer payments. It is an important indicator of household consumption and broader economic activity.

Q: Why is this trend relevant for users or analysts?

A: The personal income growth rate is a key economic indicator used by analysts, policymakers, and institutions to gauge the underlying health and trajectory of the U.S. economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).

Q: How is this trend used in economic policy?

A: The Federal Reserve and other institutions closely monitor the personal income growth rate to inform monetary and fiscal policy decisions that impact consumer spending, inflation, and overall economic conditions.

Q: Are there update delays or limitations?

A: The personal income data is released monthly by the BEA, with a typical one-month lag between the reference period and publication.

Related Trends

Citation

U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (PRINTO01O1Q657S), retrieved from FRED.