Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Arkansas
ARPCEPCLRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,853.00
Year-over-Year Change
81.06%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on services provided by nonprofit institutions serving households in Arkansas, excluding receipts from sales of goods and services.
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 Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Arkansas (ARPCEPCLRPTSLSGSNPIS) series tracks household consumption of services provided by nonprofit organizations in the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used to analyze consumer spending patterns and the role of the nonprofit sector in Arkansas' economy.
Key Facts
- Measures household spending on nonprofit services in Arkansas.
- Excludes revenue from nonprofit sales of goods and services.
- Provides insights into the role of the nonprofit sector in the state economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on services provided by nonprofit institutions serving households in Arkansas, excluding receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the role and importance of the nonprofit sector in Arkansas' economy, which is useful for economists, policymakers, and analysts studying consumer spending patterns and the nonprofit industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used to analyze consumer spending patterns and the contribution of the nonprofit sector to the Arkansas economy, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: There may be some time lag in the data due to the collection and reporting process, but the U.S. Bureau of Economic Analysis aims to provide timely and reliable information.
Related Trends
Chain-Type Quantity Index for Real GDP: Fabricated Metal Product Manufacturing (332) in Arkansas
ARFABRMETQGSP
Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Arkansas
EMISSCO2CDFICBARA
Industrial Carbon Dioxide Emissions, Lubricants for Arkansas
EMISSCO2VLUICBARA
All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Arkansas
SMS05000004300000001
Average Weekly Hours of Production Employees: Manufacturing in Arkansas
SMU05000003000000007
Residence Adjustment in Arkansas
AREADJ
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Arkansas (ARPCEPCLRPTSLSGSNPIS), retrieved from FRED.