Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Arizona
AZPCEPCODURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
950.00
Year-over-Year Change
53.72%
Date Range
1/1/1997 - 1/1/2023
Summary
This trend measures per capita personal consumption expenditures on other durable goods in Arizona. It provides insights into consumer spending and economic activity in the state.
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
Per capita personal consumption expenditures on other durable goods is a key economic indicator that tracks household spending on items expected to last three years or more, excluding motor vehicles and parts. It offers a detailed view of consumer demand in Arizona.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used by economists and policymakers to assess the health of the Arizona economy and consumer confidence.
Key Facts
- Other durable goods include furniture, appliances, and recreational equipment.
- Durable goods account for a significant portion of household budgets in Arizona.
- Trends in other durable goods spending can signal changes in consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on other durable goods in the state of Arizona. It provides insights into consumer spending on long-lasting products in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the health of the Arizona economy and consumer confidence, as durable goods spending is a significant component of household budgets.
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: Economists and policymakers use this metric to assess consumer demand and the overall economic conditions in Arizona, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Bureau of Economic Analysis, and there may be some reporting delays.
Related Trends
Net Earnings by Place of Residence in Arizona
AZENET
Total Deposits in Commercial Nonmember Banks in Arizona
X08TDCBNMBTAZ
Resident Population in Arizona
AZPOP
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Arizona
AZPCEPCVEH
Forestry, Fishing, Related Activities, and Other Earnings in Arizona
AZEFOR
Average Weekly Earnings of All Employees: Total Private in Arizona
SMU04000000500000011A
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Arizona (AZPCEPCODURG), retrieved from FRED.