Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for District of Columbia
DCPCEFUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,155.90
Year-over-Year Change
95.15%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures personal consumption expenditures on durable household furnishings and equipment in the District of Columbia. It provides insights into consumer demand and spending patterns within this specific geographic region.
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: Goods: Durable Goods: Furnishings and Durable Household Equipment for District of Columbia data series tracks consumer spending on a variety of durable household items, including furniture, appliances, and other furnishings. This metric is used by economists and policymakers to gauge the strength of the local economy and consumer confidence.
Methodology
The data is collected through surveys of households and businesses within the District of Columbia.
Historical Context
This trend is closely monitored by retail analysts and policymakers to understand consumer behavior and guide economic policy decisions.
Key Facts
- Durable goods account for a significant portion of consumer spending.
- Household furnishings and equipment trends can signal changes in consumer confidence.
- The District of Columbia has a unique economic profile compared to other regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures personal consumption expenditures on durable household furnishings and equipment, such as furniture, appliances, and other durable goods, within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer demand and spending patterns within the District of Columbia, which is useful for economists, policymakers, and businesses to understand the strength of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses within the District of Columbia.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by retail analysts and policymakers to understand consumer behavior and guide economic policy decisions within the District of Columbia.
Q: Are there update delays or limitations?
A: The data is subject to typical update schedules and may have limitations in geographic or product coverage compared to national-level consumption data.
Related Trends
Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in the District of Columbia
DCMINQGSP
Total Tax Exemptions for District of Columbia
TOTEXMDC11A647NCEN
Per Capita Personal Consumption Expenditures: Services: Health Care for District of Columbia
DCPCEPCHLTHCARE
Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for District of Columbia
EMISSCO2VNGRCBDCA
Total Personal Income in the District of Columbia
DCOTOT
Personal Consumption Expenditures: Services: Recreation Services for District of Columbia
DCPCESRECSRV
Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for District of Columbia (DCPCEFUR), retrieved from FRED.