Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Luxembourg
Growth rate previous period, Quarterly, Seasonally Adjusted
ODCNPI03LUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.09
Year-over-Year Change
-172.29%
Date Range
4/1/1991 - 4/1/2017
Summary
This economic indicator measures the quarterly growth rate of the U.S. National Personal Income Index, adjusted for seasonal variations. It provides insights into the pace of personal income changes over time.
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, Quarterly, Seasonally Adjusted metric tracks the quarter-over-quarter percent change in the National Personal Income Index, a key indicator of consumer purchasing power and economic health.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly personal income reports.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the broader state of the U.S. economy.
Key Facts
- The metric is reported quarterly by the U.S. Bureau of Economic Analysis.
- It measures the percent change in personal income from the previous quarter.
- Seasonally adjusted data accounts for recurring fluctuations in economic activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly percent change in the U.S. National Personal Income Index, providing insights into the pace of personal income growth.
Q: Why is this trend relevant for users or analysts?
A: Personal income growth is a key barometer of consumer purchasing power and overall economic health, making this metric highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on their quarterly personal income reports.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor personal income growth to assess the broader state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a typical release lag of 1-2 months. The seasonally adjusted figures help account for recurring economic fluctuations.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (ODCNPI03LUQ657S), retrieved from FRED.