Producer Prices Index: Economic Activities: Total Mining and Quarrying Activities for the European Union

Quarterly

PIEAMI01EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

85.00

Year-over-Year Change

-10.81%

Date Range

1/1/2000 - 4/1/2020

Summary

The Quarterly Economic Trend measures the quarterly change in personal income for U.S. residents. This metric is closely watched by economists and policymakers as it provides insight into household financial health and consumer spending patterns.

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 Economic Trend tracks the quarterly percent change in personal income, which includes wages, salaries, investment income, and government transfers. It is a key indicator of consumer purchasing power and an important input for economic forecasting and policy decisions.

Methodology

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

Historical Context

Quarterly personal income figures are closely monitored by the Federal Reserve and other institutions to gauge the overall strength of the U.S. economy.

Key Facts

  • Quarterly personal income has grown an average of 2.5% annually over the past decade.
  • Declines in quarterly personal income are often associated with economic recessions.
  • Household disposable income is a key input for the Federal Reserve's monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: The Quarterly Economic Trend tracks the quarterly percent change in personal income for U.S. residents, including wages, investment income, and government transfers.

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

A: Quarterly personal income figures are a key indicator of consumer purchasing power and economic health, and are closely monitored by policymakers and analysts to inform economic forecasting and policy decisions.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Quarterly personal income figures are a crucial input for the Federal Reserve's monetary policy decisions, as they provide insight into consumer spending patterns and the overall strength of the U.S. economy.

Q: Are there update delays or limitations?

A: The Quarterly Economic Trend data is typically released with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Quarterly Economic Trend (PIEAMI01EUQ661N), retrieved from FRED.