Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (A191RI1Q225SBEA) from Q2 1947 to Q1 2025 about implicit price deflator, GDP, rate, and USA.

BEA Account Code: DPCCRG

The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if car prices rise, car sales may decline while bicycle sales increase.

The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index and excluding food and energy products, as above. The PCE price index less food excluding food and energy is used primarily for macroeconomic analysis and forecasting future values of the PCE price index.

The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates.

For more information on the PCE price index, see: U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf) U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index) U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation) U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)

Graph and download economic data for Real personal consumption expenditures excluding food and energy (DISCONTINUED) (DPCCRL1M225NBEA) from Feb 1959 to Jun 2015 about core, PCE, consumption expenditures, consumption, personal, real, inflation, rate, and USA.

Graph and download economic data for Personal Consumption Expenditures: Chain-type Price Index (PCEPI) from Jan 1959 to May 2025 about chained, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

Graph and download economic data for Real personal consumption expenditures excluding food and energy (DPCCRX1A020NBEA) from 2007 to 2024 about core, PCE, consumption expenditures, consumption, personal, real, inflation, GDP, and USA.

This filtered view presents Real Gross Domestic Product for the real estate and rental and leasing sector and its subsectors in the State of Iowa by year beginning in 1997.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

What is Gross Domestic Product (GDP) by County? GDP is a comprehensive measure of the economies of counties. Gross domestic product estimates the value of the goods and services produced in an area. It can be used to compare the size and growth of county economies across the state.

This dataset is not not adjusted for inflation and represents the value of the goods and services in dollars at the time of the estimate. If you are looking to evaluate the growth of county economies over time, use of the Real GDP which is adjusted for inflation would eliminate changes in GDP caused by increases or decreases in the value of the US dollar. More information about the BEA's GDP by County is available here: GDP by County, Metro and Other Areas.

This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA.

VITAL SIGNS INDICATOR Economic Output (EC14)

FULL MEASURE NAME Per-capita gross regional product

LAST UPDATED July 2019

DESCRIPTION Economic output is measured by the total and per-capita gross regional product and refers to the value of goods and services generated by workers and companies in a region.

DATA SOURCE Bureau of Economic Analysis: Regional Economic Accounts 2001-2017 http://www.bea.gov/regional/

California Department of Finance: Population and Housing Estimates 2001-2009 http://www.dof.ca.gov/Forecasting/Demographics/Estimates/ Note: Table E-8

California Department of Finance: Population and Housing Estimates 2010-2017 http://www.dof.ca.gov/Forecasting/Demographics/Estimates/ Note: Table E-5

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) As gross regional product data is only available on the MSA level, Bay Area data includes 10 counties (the nine core counties + San Benito County); this results in a slightly higher regional GRP as a result of additional population and business activity. Per-capita data reflects the additional population included as a result of San Benito County’s participation in the San Jose MSA. Data is inflation-adjusted by using both nominal and real data developed by BEA and appropriately escalating real GRP data in 2009 dollars to today’s dollars (2017). This inflation adjustment approach is specific to each MSA and is different from the CPI inflation approach used for other datasets on the Vital Signs website.

Graph and download economic data for Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index) from Jan 1959 to May 2025 about chained, core, energy, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

Graph and download economic data for Gross Domestic Product Excluding Food and Energy (chain-type price index) (BB03RV1Q225SBEA) from Q2 1985 to Q1 2025 about chained, core, inflation, GDP, rate, price index, indexes, price, and USA.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

VITAL SIGNS INDICATOR
Economic Output (EC13)

FULL MEASURE NAME
Gross regional product

LAST UPDATED
August 2022

DESCRIPTION
Economic output is measured by the total and per-capita gross regional product (GRP) and refers to the value of goods and services generated by workers and companies in a region.

DATA SOURCE
Bureau of Economic Analysis: Regional Economic Accounts - http://www.bea.gov/regional/
2001-2020

California Department of Finance: E-4 Historical Population Estimates for Cities, Counties, and the State - https://dof.ca.gov/forecasting/demographics/estimates/
1970-2021

US Census Population and Housing Unit Estimates - https://www.census.gov/programs-surveys/popest.html
2001-2020

Bureau of Labor Statistics: Consumer Price Index - https://download.bls.gov/pub/time.series/cu
2012, 2020

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Data is inflation-adjusted by using both nominal and real data developed by Bureau of Economic Analysis (BEA) and appropriately escalating real GRP data in 2012 chained dollars to 2020 dollars using metropolitan statistical area (MSA)-specific Consumer Price Index data from Bureau of Labor Statistics. Economic output per capita is calculated using CA Department of Finance historical population estimates and Census historical population estimates for Metro areas.

Graph and download economic data for Real personal consumption expenditures: Market-based, excluding food and energy (chain-type quantity index) (DPCXRA3A086NBEA) from 1987 to 2024 about market-based, quantity index, chained, core, PCE, consumption expenditures, consumption, personal, real, inflation, GDP, and USA.

VITAL SIGNS INDICATOR
Economic Output (EC13)

FULL MEASURE NAME
Gross regional product

LAST UPDATED
August 2022

DESCRIPTION
Economic output is measured by the total and per-capita gross regional product (GRP) and refers to the value of goods and services generated by workers and companies in a region.

DATA SOURCE
Bureau of Economic Analysis: Regional Economic Accounts - http://www.bea.gov/regional/
2001-2020

California Department of Finance: E-4 Historical Population Estimates for Cities, Counties, and the State - https://dof.ca.gov/forecasting/demographics/estimates/
1970-2021

US Census Population and Housing Unit Estimates - https://www.census.gov/programs-surveys/popest.html
2001-2020

Bureau of Labor Statistics: Consumer Price Index - https://download.bls.gov/pub/time.series/cu
2012, 2020

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Data is inflation-adjusted by using both nominal and real data developed by Bureau of Economic Analysis (BEA) and appropriately escalating real GRP data in 2012 chained dollars to 2020 dollars using metropolitan statistical area (MSA)-specific Consumer Price Index data from Bureau of Labor Statistics. Economic output per capita is calculated using CA Department of Finance historical population estimates and Census historical population estimates for Metro areas.

This filtered view presents the real gross domestic product annual rate for the State of Iowa in dollars estimated quarterly. Estimated values are reported in millions of 2012 chained dollars were multiplied by 1,000,000 for use in measures and visualizations.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa. Quarterly GDP estimates are reported using annual rates, for ease of comparison. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Iowa GDP excludes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa.

Graph and download economic data for Real personal consumption expenditures excluding food and energy (DPCCRX1Q020SBEA) from Q1 2007 to Q1 2025 about core, PCE, consumption expenditures, consumption, personal, real, inflation, GDP, and USA.

Graph and download economic data for Contributions to percent change in gross domestic purchases: Gross domestic purchases excluding food and energy (B983RS2Q224SBEA) from Q2 1982 to Q1 2025 about contributions, purchase, core, gross, domestic, percent, inflation, GDP, and USA.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Economy. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Economy, the median income for all workers aged 15 years and older, regardless of work hours, was $40,197 for males and $22,500 for females.

These income figures highlight a substantial gender-based income gap in Economy. Women, regardless of work hours, earn 56 cents for each dollar earned by men. This significant gender pay gap, approximately 44%, underscores concerning gender-based income inequality in the town of Economy.

Surprisingly, within the subset of full-time workers, women earn a higher income than men, earning 1.18 dollars for every dollar earned by men. This suggests that within full-time roles, womens median incomes significantly surpass mens, contrary to broader workforce trends.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Economy median household income by race. You can refer the same here

Graph and download economic data for Real Market-based PCE Excluding Food and Energy (DPCXRL1A225NBEA) from 1988 to 2024 about market-based, core, PCE, consumption expenditures, consumption, personal, real, inflation, GDP, rate, and USA.