Claims on Private Sector for Comoros
Percent of GDP
COMFDSAOPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.70
Year-over-Year Change
46.40%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Percent of GDP' trend measures the ratio of personal consumption expenditures to total gross domestic product (GDP) in the United States. This key economic indicator provides insights into consumer spending and its contribution to overall economic activity.
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
Personal consumption expenditures (PCE) represent the value of goods and services purchased by U.S. households. The 'Percent of GDP' ratio tracks the proportion of GDP that is accounted for by consumer spending, making it a crucial metric for understanding economic growth and consumer confidence.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts and household survey information.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to gauge the health of the U.S. economy and consumer sector.
Key Facts
- PCE accounts for approximately two-thirds of U.S. GDP.
- The 'Percent of GDP' ratio has ranged from 60% to 70% over the past decade.
- Consumer spending is a major driver of economic growth in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Percent of GDP' trend measures the ratio of personal consumption expenditures to total gross domestic product (GDP) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending and its contribution to overall economic activity, making it a crucial metric for understanding economic growth and consumer confidence.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts and household survey information.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market analysts to gauge the health of the U.S. economy and consumer sector.
Q: Are there update delays or limitations?
A: The data is published regularly by the BEA, with minimal update delays. The trend may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent of GDP (COMFDSAOPGDPPT), retrieved from FRED.