Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Ireland
Index 2015=100, Quarterly
PIEAFD01IEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.03
Year-over-Year Change
8.28%
Date Range
1/1/1995 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' series measures inflation-adjusted personal income in the United States on a quarterly basis. This metric is crucial for economists and policymakers to understand household financial conditions 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
This index tracks changes in real personal income, which represents the purchasing power of disposable income for U.S. households. It is a key indicator of economic well-being and an important input for forecasting consumer demand and economic growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using personal income and consumer price index figures.
Historical Context
Policymakers and analysts closely monitor this index to assess the health of the U.S. economy and inform decisions around fiscal and monetary policies.
Key Facts
- The index has a base year of 2015 = 100.
- It is released on a quarterly basis by the U.S. Bureau of Economic Analysis.
- Real personal income is a key input for forecasting consumer spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' series measures inflation-adjusted personal income in the United States on a quarterly basis. It tracks changes in the purchasing power of disposable income for U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of economic well-being and an important input for forecasting consumer demand and economic growth. Policymakers and analysts closely monitor this metric to assess the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using personal income and consumer price index figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to inform decisions around fiscal and monetary policies, as it provides insights into household financial conditions and consumer spending patterns.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis by the U.S. Bureau of Economic Analysis, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEAFD01IEQ661N), retrieved from FRED.