Dividends, Interest and Rent in Rhode Island
RIODIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,248.80
Year-over-Year Change
23.06%
Date Range
1/1/1948 - 1/1/2025
Summary
The 'Dividends, Interest and Rent in Rhode Island' trend measures the total income received by Rhode Island residents from dividends, interest, and rental property. This key economic indicator provides insights into household wealth and spending patterns in the state.
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 personal income earned by Rhode Island residents from dividends, interest, and rental income. It is an important measure of the financial resources available to households and can signal trends in consumer spending, saving, and investment activities.
Methodology
The data is collected and published quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this indicator to assess the overall financial health and spending power of Rhode Island residents.
Key Facts
- Dividends, interest, and rent account for over 20% of personal income in Rhode Island.
- This income source has grown by 5% annually on average over the past decade.
- Rhode Island residents earn a higher proportion of their income from investments compared to the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Dividends, Interest and Rent in Rhode Island' indicator tracks the total personal income received by Rhode Island residents from dividends, interest, and rental property.
Q: Why is this trend relevant for users or analysts?
A: This measure provides insights into the overall financial resources and wealth of Rhode Island households, which informs analysis of consumer spending, saving, and investment patterns in the state.
Q: How is this data collected or calculated?
A: The data is collected and published quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the financial health and spending power of Rhode Island residents, which informs decisions around economic development, taxation, and other policy areas.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately 3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Dividends, Interest and Rent in Rhode Island (RIODIV), retrieved from FRED.