Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Portugal
Annual, Not Seasonally Adjusted
LREM64TTPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.80
Year-over-Year Change
22.71%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the real personal income of individuals in the United States. This metric is crucial for economists and policymakers to assess the overall purchasing power and financial well-being of American households.
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 series represents the total inflation-adjusted personal income earned by U.S. residents on an annual basis, without adjusting for seasonal fluctuations. It provides insight into the broader economic conditions and consumer spending patterns that drive the nation's economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through household surveys and national income accounts.
Historical Context
Policymakers and market analysts closely monitor real personal income trends to gauge consumer confidence and guide decisions on fiscal and monetary policies.
Key Facts
- Real personal income in the U.S. reached a record high of $18.9 trillion in 2021.
- Disposable personal income accounts for over 60% of the U.S. gross domestic product.
- The COVID-19 pandemic caused a 3.4% decline in real personal income in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total real (inflation-adjusted) personal income earned by individuals in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess the overall purchasing power and financial well-being of American households, which in turn drives consumer spending and broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through household surveys and national income accounts.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor real personal income trends to gauge consumer confidence and guide decisions on fiscal and monetary policies that can impact the broader economy.
Q: Are there update delays or limitations?
A: The annual personal income data is typically released with a 2-3 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64TTPTA156N), retrieved from FRED.