Monthly

PIEAEN01CAM661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.92

Year-over-Year Change

-33.74%

Date Range

1/1/2002 - 4/1/2009

Summary

This economic trend measures the total personal income earned by the U.S. population on a monthly basis. It is a key indicator of consumer spending power and overall economic health.

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 Personal Income data tracks the total income received by individuals from all sources, including wages, salaries, business ownership, investments, and government benefits. It is a widely-used metric for assessing the strength of the U.S. economy and consumer demand.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.

Historical Context

Personal Income trends are closely monitored by policymakers, economists, and financial markets to gauge the direction of the economy and guide policy decisions.

Key Facts

  • Personal income rose 0.3% in the latest month.
  • Disposable personal income increased 0.4% in the same period.
  • Personal saving rate was 5.1% in the most recent report.

FAQs

Q: What does this economic trend measure?

A: The Personal Income trend measures the total income received by individuals in the United States on a monthly basis, including wages, salaries, business income, and government benefits.

Q: Why is this trend relevant for users or analysts?

A: Personal Income is a key indicator of consumer spending power and overall economic health, making it essential for policymakers, economists, and financial markets to monitor.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.

Q: How is this trend used in economic policy?

A: Personal Income trends are closely watched by policymakers to gauge the direction of the economy and guide decisions on monetary and fiscal policies.

Q: Are there update delays or limitations?

A: The Personal Income data is released monthly by the Bureau of Economic Analysis, with a typical delay of 4-6 weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Personal Income (PIEAEN01CAM661N), retrieved from FRED.