Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Estonia
Index 2015=100, Annual
PIEAFD02EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.72
Year-over-Year Change
54.50%
Date Range
1/1/2002 - 1/1/2022
Summary
The 'Index 2015=100, Annual' trend measures the annual rate of change in personal income, a key indicator of economic well-being and consumer spending power.
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
This annual index tracks changes in personal income, which includes wages, salaries, interest, dividends, and government transfers. It is a widely-used metric for understanding consumer behavior and assessing the overall health of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor changes in personal income to gauge consumer confidence and inform economic policies.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Personal income accounts for over two-thirds of U.S. GDP.
- Sustained growth in personal income signals expanding consumer demand.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' trend measures the year-over-year change in personal income, which includes wages, salaries, interest, dividends, and government transfers.
Q: Why is this trend relevant for users or analysts?
A: Personal income is a key indicator of economic well-being and consumer spending power, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use changes in personal income to gauge consumer confidence and inform decisions on economic policies, interest rates, and other measures.
Q: Are there update delays or limitations?
A: The personal income data is released monthly by the U.S. Bureau of Economic Analysis, with a typical lag of about one month.
Related Trends
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Estonia
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAFD02EEA661N), retrieved from FRED.