All Employees: Financial Activities in Pennsylvania
Monthly, Not Seasonally Adjusted
PAFIREN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
349.30
Year-over-Year Change
1.78%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted economic trend measures the average price paid by consumers for food and beverages consumed away from home. This metric is a key indicator of consumer spending and inflation.
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 Monthly, Not Seasonally Adjusted trend represents the national average price level for meals and snacks purchased outside the home, such as at restaurants, fast food establishments, and other food service venues. This data is widely used by economists and policymakers to analyze consumer behavior and inflationary pressures.
Methodology
The data is collected through surveys of consumer expenditures by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator provides important insights into consumer spending patterns and the broader service sector of the economy.
Key Facts
- The series has been published since 1978.
- Prices are measured at a national level.
- This metric excludes food purchased for consumption at home.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted trend measures the average price paid by consumers for food and beverages consumed away from home, such as at restaurants and other food service establishments.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer spending patterns and inflationary pressures in the service sector of the economy, providing important insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through consumer expenditure surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this indicator to assess consumer behavior, monitor inflation, and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (PAFIREN), retrieved from FRED.