Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Czechia
Quarterly, Not Seasonally Adjusted
LFEAICTTCZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,840,300.00
Year-over-Year Change
-3.25%
Date Range
1/1/1998 - 10/1/2024
Summary
This economic trend measures the total income of individuals in China on a quarterly basis, without adjusting for seasonal variations. It provides insights into the overall purchasing power and economic well-being of the Chinese population.
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 Quarterly, Not Seasonally Adjusted economic trend represents the total income earned by individuals in China during a given quarter, without removing the effects of seasonal factors such as holidays or weather patterns. This metric is widely used by economists and policymakers to analyze China's economic performance and consumer spending patterns.
Methodology
The data is collected through household surveys and other government sources by the National Bureau of Statistics of China.
Historical Context
This trend is closely monitored by international investors, financial institutions, and government agencies to assess the health of the Chinese economy and its potential impact on global markets.
Key Facts
- China's quarterly personal income reached a record high in 2022.
- The trend has shown steady growth over the past decade.
- Household income is a key driver of China's economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly income earned by individuals in China, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the purchasing power and economic well-being of the Chinese population, which is crucial for understanding the overall health of the Chinese economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and other government sources by the National Bureau of Statistics of China.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by international investors, financial institutions, and government agencies to assess the health of the Chinese economy and its potential impact on global markets.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a potential delay of several weeks. There may be some limitations in capturing informal or unreported income sources.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAICTTCZQ647N), retrieved from FRED.