Production: Manufacturing: Investment Goods: Total for Sweden
Quarterly, Seasonally Adjusted
SWEPRMNVG01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.19
Year-over-Year Change
13.69%
Date Range
1/1/2000 - 7/1/2023
Summary
This quarterly, seasonally adjusted index measures the inflation-adjusted volume of consumer spending on goods and services in the United States. It is a key indicator of overall economic activity and consumer confidence.
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 Consumption Expenditures (PCE) Price Index tracks the prices paid by consumers for a representative basket of goods and services. It is the Federal Reserve's preferred measure of inflation and a crucial economic indicator for policymakers.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The PCE Price Index is closely monitored by the Federal Reserve and financial markets for insights into consumer demand and the pace of inflation.
Key Facts
- The PCE Price Index is the Federal Reserve's preferred inflation gauge.
- It covers a broader range of consumer spending than the Consumer Price Index (CPI).
- The PCE Price Index tends to show lower inflation than the CPI.
FAQs
Q: What does this economic trend measure?
A: The PCE Price Index measures the inflation-adjusted volume of consumer spending on goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The PCE Price Index is a crucial indicator of consumer demand and inflationary pressures, making it highly relevant for policymakers, economists, and financial market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the PCE Price Index as a key input for monetary policy decisions aimed at maintaining price stability and promoting economic growth.
Q: Are there update delays or limitations?
A: The PCE Price Index is released monthly with a lag of approximately one month.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Sweden
SWECPGRHO01GYQ
Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for Sweden
IR3TTS01SEM156N
Private Credit by Deposit Money Banks to GDP for Sweden
DDDI01SEA156NWDB
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Sweden
LREM64TTSEQ156S
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Sweden
ODCNPI03SEA659S
International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
XTNTVA01SEM664N
Citation
U.S. Federal Reserve, Personal Consumption Expenditures (SWEPRMNVG01IXOBSAQ), retrieved from FRED.