Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Arkansas
ARPCEGONPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,391.00
Year-over-Year Change
102.71%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the gross output of nonprofit institutions serving households in Arkansas. It is a key indicator of the nonprofit sector's contribution to the state's economic activity.
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 Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Arkansas series tracks the total value of goods and services produced by nonprofit organizations in the state. This metric is used to assess the role of the nonprofit sector in Arkansas's economy.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Historical Context
Policymakers and economists analyze this trend to understand the economic impact of the nonprofit sector and its role in service provision.
Key Facts
- Nonprofit institutions serve households in areas like healthcare, education, and social services.
- The nonprofit sector accounts for a significant portion of economic activity in many states.
- This metric provides insight into the scale and impact of the nonprofit sector in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross output of nonprofit institutions serving households in the state of Arkansas. It quantifies the economic contribution of the nonprofit sector in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and analysts who want to understand the role and impact of the nonprofit sector in Arkansas's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the economic contribution of the nonprofit sector and its role in service provision in Arkansas.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Arkansas (ARPCEGONPI), retrieved from FRED.