Producer Prices Index: Economic Activities: Total Energy for the European Union
Quarterly
PIEAEN01EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.57
Year-over-Year Change
-8.51%
Date Range
1/1/2000 - 4/1/2020
Summary
The Quarterly Percent Change in Gross National Income (GNI) measures the quarter-over-quarter percent change in the total value of goods and services produced by U.S. residents. It is an important indicator of overall economic activity and performance.
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 Quarterly Percent Change in Gross National Income (GNI) tracks the percentage change in the total market value of all final goods and services produced within a nation by its residents over a three-month period. GNI is a key macroeconomic metric used to assess the health and growth of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Historical Context
Economists and policymakers closely monitor GNI growth as it informs decisions about fiscal and monetary policy.
Key Facts
- GNI measures the total income earned by a nation's residents.
- The U.S. recorded a 7.0% increase in GNI in Q2 2022.
- GNI growth is a key indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Percent Change in Gross National Income (GNI) measures the quarter-over-quarter percent change in the total value of goods and services produced by U.S. residents.
Q: Why is this trend relevant for users or analysts?
A: GNI growth is a vital macroeconomic indicator that provides insight into the overall health and performance of the U.S. economy, informing decisions by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor GNI growth as it informs decisions about fiscal and monetary policy aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The Quarterly Percent Change in GNI data is released by the U.S. Bureau of Economic Analysis with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Percent Change in Gross National Income (PIEAEN01EUQ661N), retrieved from FRED.