Nominal Gross Capital Formation for Canada
Annual, Not Seasonally Adjusted
NIXDCCAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
712,795.00
Year-over-Year Change
56.87%
Date Range
1/1/1961 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures annual changes in U.S. consumer disposable income. This metric is crucial for understanding consumer spending and the overall health of the economy.
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 Annual, Not Seasonally Adjusted series tracks the total disposable personal income of U.S. consumers on an annual basis, without adjusting for seasonal fluctuations. This provides a high-level view of long-term trends in household finances and consumption patterns.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis using household survey information.
Historical Context
Policymakers and analysts monitor this trend to gauge consumer confidence and make informed decisions.
Key Facts
- U.S. consumers' disposable income reached a record high in 2021.
- Annual disposable income growth averaged 4.7% from 2010 to 2020.
- Consumer spending accounts for over two-thirds of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total disposable personal income of U.S. consumers on a yearly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding consumer spending patterns and the overall health of the U.S. economy, as consumer spending accounts for a large portion of GDP.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis using household survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge consumer confidence and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released annually with a lag, so there may be a delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NIXDCCAA), retrieved from FRED.