Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Luxembourg
Growth rate previous period, Monthly
LUXPIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
-90.98%
Date Range
2/1/1980 - 12/1/2022
Summary
The Growth rate previous period, Monthly trend measures the month-over-month change in the growth rate of personal income, excluding transfer payments. This provides insights into 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
The Growth rate previous period, Monthly series tracks the monthly percentage change in the growth rate of U.S. personal income, excluding government transfer payments like Social Security and unemployment benefits. This metric is a key indicator of consumer purchasing power and economic momentum.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis's monthly personal income and outlays report.
Historical Context
Economists and policymakers monitor this trend to assess the health of consumer finances and the broader economy.
Key Facts
- The series tracks the month-over-month change in personal income growth.
- It excludes government transfer payments like Social Security and unemployment benefits.
- The metric provides insights into consumer purchasing power and economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly trend measures the month-over-month change in the growth rate of U.S. personal income, excluding transfer payments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer purchasing power and the momentum of economic growth, which are key factors for businesses, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis's monthly personal income and outlays report.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the health of consumer finances and the broader economy, which informs decision-making on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions by the statistical agency.
Related Trends
Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Luxembourg
BCEMFT02LUM460S
Harmonized Index of Consumer Prices: Fruit for Luxembourg
CP0116LUM086NEST
Bank Regulatory Capital to Risk-Weighted Assets for Luxembourg
DDSI05LUA156NWDB
Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Luxembourg
ELGAS0LUM086NEST
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Luxembourg
LRACTTTTLUQ156S
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Luxembourg
LFEM55MALUA647S
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (LUXPIEATI02GPM), retrieved from FRED.