Producer Prices Index: Economic activities: Energy: Domestic for Sweden
Index 2015=100, Monthly
PIEAEN02SEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
186.53
Year-over-Year Change
2.06%
Date Range
1/1/1990 - 2/1/2023
Summary
The Index 2015=100, Monthly measures the monthly changes in the seasonally adjusted index of earnings for employees in the private nonfarm economy, with 2015 as the base year. This metric provides insights into wage and income trends that are crucial for economic policymakers and analysts.
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 Index 2015=100, Monthly is a measure of the seasonally adjusted earnings index for private nonfarm employees in the United States. It tracks changes in average hourly earnings over time, which are important indicators of labor market conditions and inflationary pressures.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of private nonfarm establishments.
Historical Context
This index is widely used by economists, policymakers, and financial analysts to assess the strength of the labor market and its implications for broader economic trends.
Key Facts
- The index has a base year of 2015 = 100.
- The data is released on a monthly basis.
- The index measures changes in average hourly earnings.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the monthly changes in the seasonally adjusted index of earnings for employees in the private nonfarm economy, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wage and income trends, which are crucial for economic policymakers and analysts to assess labor market conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of private nonfarm establishments.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Monthly is widely used by economists, policymakers, and financial analysts to assess the strength of the labor market and its implications for broader economic trends.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with no significant update delays or limitations.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Sweden
LREM74MASEQ156S
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden
LFEM55TTSEA657S
Amount Outstanding of Domestic Money Market instruments in Financial Corporations Sector, Short-Term at Original Maturity, Residence of Issuer in Sweden
DMMISTRIAOFCSE
Share Prices: All Shares/Broad: Total for Sweden
SWESPASTT01GYM
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Sweden
LRAC24TTSEQ156S
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Sweden
CP0122SEM086NEST
Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PIEAEN02SEM661N), retrieved from FRED.