Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Costa Rica
Quarterly
CRICP090000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.79
Year-over-Year Change
-1.28%
Date Range
1/1/1996 - 10/1/2021
Summary
The Quarterly Consumption of Real Personal Income (CRICP090000GYQ) measures the quarterly change in real personal income, adjusted for inflation. This metric is a key indicator of consumer spending and economic growth.
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
Real personal income is a measure of the purchasing power of personal income, accounting for the effects of inflation. The quarterly change in this indicator provides insight into the strength of consumer demand and the overall health of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of personal income and expenditures.
Historical Context
This metric is closely watched by policymakers, economists, and investors to assess economic conditions and guide policy decisions.
Key Facts
- Real personal income increased by 1.2% in the fourth quarter of 2022.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Quarterly changes in real personal income are a leading indicator of future GDP growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption of Real Personal Income (CRICP090000GYQ) measures the quarterly change in real personal income, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of consumer demand and the overall health of the U.S. economy, making it a key indicator for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of personal income and expenditures.
Q: How is this trend used in economic policy?
A: Quarterly changes in real personal income are closely watched by policymakers to assess economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month following the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Real Personal Income (CRICP090000GYQ), retrieved from FRED.