Producer Prices Index: Type of Goods: Consumer Goods: Total for Sweden
Percent, Monthly
SWEPITGCG01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.82
Year-over-Year Change
-122.26%
Date Range
1/1/1991 - 12/1/2020
Summary
The Percent Change from a Year Ago in the U.S. General Incomes index measures the year-over-year change in household income, reflecting economic conditions 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
This monthly economic trend provides an indicator of changes in overall household income levels, which can influence consumer spending, inflation, and broader economic activity.
Methodology
The data is collected through surveys of U.S. households by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this trend to gauge the strength of consumer demand and evaluate the effectiveness of economic policies.
Key Facts
- The Percent Change from a Year Ago index reached a high of 8.1% in March 2022.
- Incomes grew 5.3% year-over-year as of the most recent data.
- This trend is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Percent Change from a Year Ago in the U.S. General Incomes index measures the year-over-year change in overall household income levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: Household income growth is a crucial indicator of consumer spending power and overall economic conditions, making this trend highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. households conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this trend to assess the strength of consumer demand and the overall health of the economy, which informs their decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent Change from a Year Ago in the U.S. General Incomes index (SWEPITGCG01GYM), retrieved from FRED.