Gross Domestic Product: Finance and Insurance (52) in Delaware
Annual, Not Seasonally Adjusted
DEFININSNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,852.30
Year-over-Year Change
43.84%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the change in the percent of personal disposable income allocated to debt interest payments. This indicator provides insight into household financial stress and consumer spending patterns.
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, Not Seasonally Adjusted series tracks the ratio of household debt interest payments to disposable personal income on an annual basis. This metric is closely watched by economists and policymakers to gauge consumer financial health and potential impacts on economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on household balance sheet and income information.
Historical Context
Changes in the debt interest payment ratio can signal shifts in consumer spending behavior and financial stability, which are important considerations for monetary and fiscal policy.
Key Facts
- The debt interest payment ratio averaged 3.2% from 1980 to 2022.
- The ratio peaked at 4.3% in 1990 and reached a low of 2.6% in 2012.
- Changes in this metric can signal shifts in consumer financial health and spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series tracks the ratio of household debt interest payments to disposable personal income on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer financial stress and potential impacts on economic growth, making it an important indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on household balance sheet and income information.
Q: How is this trend used in economic policy?
A: Changes in the debt interest payment ratio can signal shifts in consumer spending behavior and financial stability, which are important considerations for monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted series is published by the Federal Reserve with minimal delays, providing a timely indicator of household financial conditions.
Related Trends
Gross Domestic Product: Publishing Industries (Except Internet) (511) in Delaware
DEPUBINDNGSP
Housing Inventory: Median Listing Price per Square Feet in Delaware
MEDLISPRIPERSQUFEEDE
Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Delaware
SMU10000004000000011
State Tax Collections: T29 Other License Taxes for Delaware
QTAXT29QTAXCAT3DENO
Average Hourly Earnings of All Employees: Manufacturing in Delaware
SMU10000003000000003A
90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Delaware
PECILB5T17DE10000A647NCEN
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (DEFININSNGSP), retrieved from FRED.