Annual, Not Seasonally Adjusted
BPCRIN01CHA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126,474,210,000.00
Year-over-Year Change
44.42%
Date Range
1/1/1972 - 1/1/2013
Summary
This economic trend measures annual growth in real personal consumption expenditures (PCE) for China, a key indicator of consumer demand and economic health.
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
Real PCE tracks inflation-adjusted consumer spending on goods and services, providing insight into the strength of domestic Chinese consumption. It is a widely used metric for analyzing China's economic performance and consumer-driven growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data from China.
Historical Context
Policymakers and analysts closely monitor China's real PCE growth to assess the country's economic trajectory and the potential impacts on global trade and investment.
Key Facts
- China is the world's second-largest economy.
- Consumer spending accounts for over 50% of China's GDP.
- Real PCE growth averaged 7.5% annually from 2010-2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth in real personal consumption expenditures (PCE) for China, a key indicator of consumer demand and economic health.
Q: Why is this trend relevant for users or analysts?
A: China's real PCE growth is a widely watched metric for analyzing the strength of domestic consumption and the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts data from China.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor China's real PCE growth to assess the country's economic trajectory and the potential impacts on global trade and investment.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can have update delays due to the time required to collect and process the underlying national accounts information.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRIN01CHA636N), retrieved from FRED.