National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Switzerland
Annual
CHEPFCEADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
393,760,501,688.00
Year-over-Year Change
18.26%
Date Range
1/1/1980 - 1/1/2022
Summary
The Annual Personal Consumption Expenditures (PCE) trend measures the total value of goods and services purchased by U.S. households over a 12-month period. It is a key indicator of consumer spending and economic growth.
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 Annual PCE trend represents the total value of all final consumption expenditures of households in the United States. It is a comprehensive measure of consumer demand that provides important insights into the health of the broader economy.
Methodology
The data is collected through surveys of household spending and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and economists closely monitor the Annual PCE trend to assess consumer confidence and make informed decisions.
Key Facts
- Annual PCE reached a record high of $16.1 trillion in 2021.
- Consumer spending accounts for approximately 70% of U.S. GDP.
- The Annual PCE trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Annual Personal Consumption Expenditures (PCE) trend measures the total value of goods and services purchased by U.S. households over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The Annual PCE trend is a key indicator of consumer spending and economic growth, providing important insights into the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of household spending and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Annual PCE trend to assess consumer confidence and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The Annual PCE data is released with a short delay, typically 2-3 months after the end of the calendar year.
Related Trends
Life Expectancy at Birth, Total for Switzerland
SPDYNLE00INCHE
Number of Identified Exporters to Switzerland from Nevada
NVCHEA475SCEN
International Merchandise Trade Statistics: Imports: Commodities for Switzerland
XTIMVA01CHA659S
Business Tendency Surveys: Business Situation: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Tendency for Switzerland
CHEBRBUTE02STSAM
Business Tendency Surveys: Order Intentions or Demand: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Future Tendency for Switzerland
CHEBRODFT02STSAM
Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Switzerland
BRCICP02CHQ460S
Citation
U.S. Federal Reserve, Annual Personal Consumption Expenditures (CHEPFCEADSMEI), retrieved from FRED.