Graph and download economic data for Real Exports of services: Travel (for all purposes including education) (Y801RX1A020NBEA) from 2007 to 2024 about travel, exports, education, services, real, GDP, and USA.

Data for Indicator 8.1.1 come from U.S. Federal Reserve in St. Louis. Per capita income is calculated as the personal income of the residents of a given area divided by the population of the area.

Data for Indicator 8.1.1 for Baja California comes from the National Institute of Statistics and Geography (INEGI) Economic Information Bank. Data for Baja California is calculated as Annual growth rate of income per capita (Mexican Pesos).

Graph and download economic data for Real Imports of services: Quantity Index: Travel (for all purposes including education) (Y805RA3A086NBEA) from 1967 to 2024 about quantity index, travel, imports, education, services, real, GDP, and USA.

Graph and download economic data for Real imports of services: Travel (for all purposes including education) (Y805RX1Q020SBEA) from Q1 2007 to Q1 2025 about travel, imports, education, services, real, GDP, and USA.

Graph and download economic data for Real exports of services: Travel (for all purposes including education) (Y801RL1Q225SBEA) from Q2 1967 to Q1 2025 about travel, exports, education, services, real, GDP, rate, and USA.

Graph and download economic data for Imports of services: Travel (for all purposes including education) (Y805RL1A225NBEA) from 1968 to 2024 about travel, imports, education, services, GDP, rate, and USA.

In economics, the inflation rate is a measure of the change in price of a basket of goods. The most common measure being the consumer price index. It is the percentage rate of change in price level over time, and also indicates the rate of decrease in the purchasing power of money. The annual rate of inflation for 2023, was 4.1 percent higher in the United States when compared to the previous year. More information on inflation and the consumer price index can be found on our dedicated topic page. Additionally, the monthly rate of inflation in the United States can be accessed here. Inflation and purchasing power Inflation is a key economic indicator, and gives economists and consumers alike a look at changes in prices in the wider economy. For example, if an average pair of socks costs 100 dollars one year and 105 dollars the following year, the inflation rate is five percent. This means the amount of goods an individual can purchase with a unit of currency has decreased. This concept is often referred to as purchasing power. The data presents the average rate of inflation in a year, whereas the monthly measure of inflation measures the change in prices compared with prices one year ago. For example, monthly inflation in the U.S. reached a peak in June 2022 at 9.1 percent. This means that prices were 9.1 percent higher than they were in June of 2021. The purchasing power is the extent to which a person has available funds to make purchases. The Big Mac Index has been published by The Economist since 1986 and exemplifies purchasing power on a global scale, allowing us to see note the differences between different countries currencies. Switzerland for example, has the most expensive Big Mac in the world, costing consumers 6.71 U.S. dollars as of July 2022, whereas a Big Mac cost 5.15 dollars in the United States, and 4.77 dollars in the Euro area. One of the most important tools in influencing the rate of inflation is interest rates. The Federal Reserve of the United States has the capacity to make changes to the federal interest rate . Changes to the rate of inflation are thought to be an imbalance between supply and demand. After COVID-19 related lockdowns came to an end there was a sudden increase in demand for goods and services with consumers having more funds than usual thanks to reduced spending during lockdown and government funded economic support. Additionally, supply-chain related bottlenecks also due to lockdowns around the world and the Russian invasion of Ukraine meant that there was a decrease in the supply of goods and services. By increasing the interest rate, the Federal Reserve aims to reduce spending, and thus bring demand back into balance with supply.

Graph and download economic data for Price Index for Imports of services: Travel (for all purposes including education) (Y805RG3A086NBEA) from 1967 to 2024 about travel, imports, education, services, GDP, price index, indexes, price, and USA.

Graph and download economic data for Contributions to Percent Change in Real Imports of Goods and Services by Type of Product: Imports of services: Travel (for all purposes including education) (Y805RZ2Q224SBEA) from Q2 1967 to Q1 2025 about contributions, travel, imports, education, production, percent, goods, services, real, GDP, and USA.

Graph and download economic data for Contributions to percent change in Exports of goods and services: Export of services: Travel (for all purposes including education) (Y801RZ2A224NBEA) from 1968 to 2024 about contributions, travel, exports, education, percent, goods, services, GDP, and USA.

Graph and download economic data for Exports of services: Travel (for all purposes including education) (chain-type price index) (Y801RC1Q027SBEA) from Q1 1967 to Q1 2025 about travel, chained, exports, education, services, GDP, price index, indexes, price, and USA.

All white, all-purpose flour regardless of package size. Includes self-rising, non self-rising, organic, non-organic, bleached, and unbleached."