Production: Manufacturing: Investment Goods: Total for Austria
Quarterly, Seasonally Adjusted
PRMNVG01ATQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.32
Year-over-Year Change
16.68%
Date Range
1/1/1960 - 7/1/2023
Summary
This series measures the quarterly, seasonally adjusted personal income of the population in the United States. It is 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
Personal income is a comprehensive measure of the total income received by individuals from all sources, including wages, salaries, investments, and government benefits. This data is widely used by economists and policymakers to assess the financial health and spending capacity of American households.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
Quarterly personal income trends are closely watched by the Federal Reserve and other institutions when making monetary and fiscal policy decisions.
Key Facts
- Personal income grew 2.9% in the fourth quarter of 2022.
- Disposable personal income rose 2.0% in the same period.
- The personal savings rate was 3.4% in the fourth quarter of 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the total personal income of the U.S. population on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Personal income is a key indicator of consumer spending power and overall economic well-being, making it a closely watched metric for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Quarterly personal income trends are closely monitored by the Federal Reserve and other institutions when making monetary and fiscal policy decisions to support economic growth and stability.
Q: Are there update delays or limitations?
A: The personal income data is released on a quarterly basis, with a typical one-month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMNVG01ATQ661S), retrieved from FRED.