Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Sweden
Percent, Monthly
SWEPIEAMI02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-22.97
Year-over-Year Change
-216.37%
Date Range
1/1/2014 - 12/1/2020
Summary
The Percent, Monthly trend measures the monthly change in the Personal Income and Outlays dataset, which tracks personal income, spending, and savings in the United States. This metric is a key indicator of the overall health and direction of the U.S. economy.
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 Percent, Monthly trend represents the month-over-month percent change in personal income, which includes wages, business profits, rental income, and government benefits. It is a widely followed economic indicator used by policymakers, analysts, and investors to assess consumer spending power and gauge the trajectory of the broader economy.
Methodology
The U.S. Bureau of Economic Analysis collects and calculates this data based on a comprehensive survey of household income and expenditures.
Historical Context
Trends in personal income and spending are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Personal income has grown by an average of 5.2% annually over the past decade.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Fluctuations in personal income can signal changes in employment, inflation, and overall economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Percent, Monthly trend measures the month-over-month change in personal income, which includes wages, business profits, rental income, and government benefits.
Q: Why is this trend relevant for users or analysts?
A: Trends in personal income are a key indicator of consumer spending power and the overall health of the U.S. economy, making this metric closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis collects and calculates this data based on a comprehensive survey of household income and expenditures.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor personal income and spending trends to inform monetary and fiscal policy decisions that aim to promote economic stability and growth.
Q: Are there update delays or limitations?
A: The Percent, Monthly data is released by the U.S. Bureau of Economic Analysis on a monthly basis, with a typical 1-month delay from the end of the reporting period.
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Citation
U.S. Federal Reserve, Percent, Monthly (SWEPIEAMI02GYM), retrieved from FRED.