Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Russia
Growth rate same period previous year, Quarterly
RUSPIEATI02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.35
Year-over-Year Change
85.89%
Date Range
1/1/1999 - 10/1/2021
Summary
This economic indicator measures the year-over-year growth rate of real personal income excluding transfer payments on a quarterly basis. It provides insights into the pace of change in consumer purchasing power, which is a key driver of economic activity.
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 growth rate same period previous year, Quarterly metric tracks the percentage change in real personal income excluding transfer payments compared to the same quarter in the prior year. This helps analysts and policymakers understand trends in household earnings and consumption.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using personal income statistics.
Historical Context
This indicator is widely used to assess consumer and economic conditions.
Key Facts
- Q3 2022 growth was 4.4% year-over-year.
- Growth has slowed from a high of 12.4% in Q2 2021.
- This indicator excludes government transfer payments.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of real personal income excluding transfer payments on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the pace of change in consumer purchasing power, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using personal income statistics.
Q: How is this trend used in economic policy?
A: This indicator is widely used by analysts and policymakers to assess consumer and economic conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (RUSPIEATI02GYQ), retrieved from FRED.