Annual, Not Seasonally Adjusted
BPCRIN01SEA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
391,930,820,000.00
Year-over-Year Change
102.16%
Date Range
1/1/1982 - 1/1/2013
Summary
This economic trend measures the value of personal consumption expenditures (PCE) in the United States, without adjusting for seasonal variations. PCE is a key indicator of consumer spending and a major component of GDP.
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 PCE trend tracks consumer spending on goods and services in the U.S. economy. It is a closely watched metric used by economists and policymakers to assess the health and direction of the overall economy.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers use PCE data to inform decisions on interest rates, fiscal policy, and other economic interventions.
Key Facts
- PCE accounts for roughly 70% of U.S. GDP.
- PCE has grown at an average annual rate of 3.9% since 1960.
- Services spending makes up about two-thirds of total PCE.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of personal consumption expenditures (PCE) in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: PCE is a key indicator of consumer spending and a major component of GDP, making it highly relevant for understanding the overall health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers use PCE data to inform decisions on interest rates, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRIN01SEA636N), retrieved from FRED.