Growth Rates of Personal Consumption and Personal Income in the USA

Description

The dataset name has been changed to 'uschange_mts' to avoid confusion with other datasets in the R ecosystem from which data have been sourced. The suffix 'mts' indicates that this dataset is a multivariate time series object. This naming convention helps distinguish this dataset as part of the 'timeseriesdatasets' package and assists users in identifying its specific characteristics. The original content of the dataset has not been modified in any way.

Usage

data(uschange_mts)

Format

A 'ts' object with 187 observations and 5 variables:

Consumption

Growth rate of personal consumption.

Income

Growth rate of personal income.

Production

Growth rate of industrial production.

Savings

Growth rate of personal savings.

Unemployment

Growth rate of unemployment.

Details

This dataset contains quarterly growth rates of various economic indicators in the USA from 1970 to 2016. The variables include rates of personal consumption, personal income, industrial production, personal savings, and unemployment.

Source

Federal Reserve Economic Data (FRED).