Producer Prices Index: Economic Activities: Domestic Manufacturing for Sweden
Annual
PIEAMP02SEA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.61
Year-over-Year Change
-140.81%
Date Range
1/1/1976 - 1/1/2020
Summary
The Annual trend measures the annual average of personal income in the United States. This key economic indicator is closely monitored by policymakers and analysts to gauge consumer spending 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 Annual trend represents the average personal income per capita over a 12-month period. It is a broad measure of household earnings and an important input for analyzing consumer behavior, economic performance, and policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis from survey responses and administrative records.
Historical Context
Policymakers use the Annual trend to inform decisions around taxation, spending, and other fiscal and monetary policies.
Key Facts
- The Annual trend averaged $59,571 in 2021.
- Personal income rose 6.1% in 2021 after a 3.4% increase in 2020.
- Disposable personal income, which accounts for taxes, grew 3.4% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average personal income per capita in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of consumer spending power and economic growth, making it crucial for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis from survey responses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers use the Annual trend to inform decisions around taxation, spending, and other fiscal and monetary policies that impact consumer behavior and economic performance.
Q: Are there update delays or limitations?
A: The Annual trend data is published quarterly with a lag of approximately two to three months.
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Citation
U.S. Federal Reserve, Annual (PIEAMP02SEA659N), retrieved from FRED.