Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Portugal
Growth rate same period previous year, Annual, Seasonally Adjusted
ODCNPI03PTA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.79
Year-over-Year Change
-116.72%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the annual growth rate of the Personal Consumption Expenditures (PCE) price index, a key indicator of inflation and consumer spending.
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 PCE price index tracks changes in the prices paid by consumers for a broad basket of goods and services, providing insight into inflationary pressures and consumer purchasing power.
Methodology
The U.S. Bureau of Economic Analysis calculates this index based on a survey of consumer expenditures.
Historical Context
This data is widely used by policymakers, economists, and market analysts to assess the overall health of the U.S. economy.
Key Facts
- The PCE price index is the Federal Reserve's preferred measure of inflation.
- This data is released monthly by the Bureau of Economic Analysis.
- The annual growth rate provides a year-over-year comparison of price changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the Personal Consumption Expenditures (PCE) price index, which tracks changes in the prices paid by consumers.
Q: Why is this trend relevant for users or analysts?
A: The PCE price index is a key indicator of inflation and consumer spending, providing important insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this index based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: This data is widely used by the Federal Reserve and other policymakers to assess the overall health of the U.S. economy and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is released monthly by the Bureau of Economic Analysis, with a typical lag of one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual, Seasonally Adjusted (ODCNPI03PTA659S), retrieved from FRED.