Consumer Price Index: Total Goods Excluding Services for the Russian Federation
Monthly
CPGDTT01RUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.23
Year-over-Year Change
15.20%
Date Range
1/1/1993 - 11/1/2015
Summary
The Personal Consumption Expenditures: Durable Goods: Furnishings and Durable Household Equipment Trend measures consumer spending on durable household goods in the United States. This metric is a key indicator of consumer demand and 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
The Personal Consumption Expenditures (PCE) Durable Goods: Furnishings and Durable Household Equipment Trend tracks inflation-adjusted household spending on long-lasting consumer products like furniture, appliances, and electronics. This data provides insight into consumer sentiment and the health of the retail sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer expenditures.
Historical Context
Policymakers and analysts use this metric to assess the strength of the consumer economy and make informed decisions.
Key Facts
- Durable goods account for about 12% of total personal consumption expenditures.
- Furnishings and household equipment are the second-largest component of durable goods spending.
- The PCE Durable Goods Trend is a monthly, seasonally-adjusted metric published by the BEA.
FAQs
Q: What does this economic trend measure?
A: The Personal Consumption Expenditures: Durable Goods: Furnishings and Durable Household Equipment Trend measures inflation-adjusted consumer spending on long-lasting household products like furniture, appliances, and electronics.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and the overall health of the retail sector, making it a key indicator for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the consumer economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The PCE Durable Goods Trend is published monthly by the BEA with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Durable Goods: Furnishings and Durable Household Equipment (CPGDTT01RUM661N), retrieved from FRED.