Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
Growth rate same period previous year, Quarterly
PIEAMP02PTQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.77
Year-over-Year Change
-2915.06%
Date Range
1/1/1983 - 10/1/2022
Summary
This metric measures the year-over-year growth rate of personal income, reported quarterly. It is a key indicator of consumer purchasing power and economic growth.
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 growth rate same period previous year, quarterly metric tracks the percent change in personal income compared to the same quarter of the prior year. This provides insight into the strength and trajectory of consumer spending, which drives a large portion of economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to assess the health of the consumer sector and make informed decisions.
Key Facts
- Personal income grew 4.2% in Q4 2022 compared to Q4 2021.
- Consumer spending accounts for over two-thirds of U.S. GDP.
- Tracking personal income trends helps policymakers gauge economic momentum.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in personal income, reported on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Personal income growth is a key indicator of consumer purchasing power and economic activity, making it crucial for policymakers and 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 economists monitor personal income growth to assess the health of the consumer sector and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a lag of approximately one month after the end of the reporting period.
Related Trends
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Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Portugal
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Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Portugal
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Consumer Price Index: Rent, Repairs, and Maintenance for Portugal
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Infra-Annual Labor Statistics: Unemployment Female: From 25 to 54 Years for Portugal
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PIEAMP02PTQ659N), retrieved from FRED.