Producer Prices Index: Economic Activities: Manufacturing: Total for Czech Republic
Growth rate previous period, Quarterly
CZEPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.59
Year-over-Year Change
-692.26%
Date Range
4/1/1996 - 7/1/2022
Summary
The Growth rate previous period, Quarterly trend measures the quarterly growth rate of the Personal Income and Outlays data series, which is a key indicator of consumer spending and overall 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
This indicator tracks changes in personal income over the previous quarter, providing insight into consumer purchasing power and confidence. It is closely monitored by economists and policymakers to assess the health of the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly surveys of personal income and expenditures.
Historical Context
The growth rate in personal income is an important input for monetary and fiscal policy decisions.
Key Facts
- Quarterly growth in personal income averaged 1.1% from 1960 to 2022.
- Personal income growth reached a high of 12.7% in 2020 Q2 during the COVID-19 pandemic.
- Stable growth in personal income is a sign of economic health and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarterly percent change in personal income, which reflects changes in consumer purchasing power and spending.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the strength of consumer demand and the overall health of the economy, making it an important input for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on quarterly surveys of personal income and expenditures.
Q: How is this trend used in economic policy?
A: The growth rate in personal income is closely monitored by the Federal Reserve and other policymakers to assess the need for adjustments to monetary and fiscal policies that can influence consumer spending and economic growth.
Q: Are there update delays or limitations?
A: The personal income data is released by the Bureau of Economic Analysis on a monthly basis, with a typical delay of one to two months from the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (CZEPIEAMP01GPQ), retrieved from FRED.