New Private Housing Units Authorized by Building Permits for Hawaii
Seasonally Adjusted
HIBPPRIVSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.77
Year-over-Year Change
-17.67%
Date Range
1/1/1988 - 6/1/2025
Summary
The Seasonally Adjusted Household Income Before Taxes (HIBPPRIVSA) series tracks the monthly changes in household income for the U.S. population. This metric is a key indicator of consumer purchasing power and overall economic well-being.
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 HIBPPRIVSA data series represents the average monthly income of U.S. households before taxes are deducted. It is a widely followed economic indicator used by policymakers, analysts, and businesses to assess consumer financial health and predict future spending patterns.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
Trends in household income are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- HIBPPRIVSA data goes back to 1967.
- Household income is a key input for the Consumer Confidence Index.
- The U.S. median household income was $70,784 in 2021.
FAQs
Q: What does this economic trend measure?
A: The HIBPPRIVSA series tracks the monthly changes in average household income for the U.S. population before taxes are deducted.
Q: Why is this trend relevant for users or analysts?
A: Household income is a critical indicator of consumer purchasing power and overall economic well-being, making it an important metric for policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in household income are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The HIBPPRIVSA data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Household Income Before Taxes (HIBPPRIVSA), retrieved from FRED.