Personal Consumption Expenditures: Goods for District of Columbia
DCPCEG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,515.80
Year-over-Year Change
85.37%
Date Range
1/1/1997 - 1/1/2023
Summary
The Personal Consumption Expenditures: Goods for District of Columbia metric tracks consumer spending on goods in the District of Columbia. This indicator provides insight into economic conditions and consumer demand in the 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
This economic series measures the total dollar value of goods purchased by consumers in the District of Columbia. It is a key component of the overall personal consumption expenditures statistic and helps economists and policymakers assess regional economic activity and consumer trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used to inform monetary and fiscal policy decisions affecting the District of Columbia.
Key Facts
- The District of Columbia accounts for approximately 0.5% of total U.S. personal consumption expenditures.
- Consumer spending on goods makes up about 60% of total personal consumption in the District of Columbia.
- Personal consumption expenditures have grown by an average of 2.5% annually in the District of Columbia over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Personal Consumption Expenditures: Goods for District of Columbia metric tracks consumer spending on goods in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into economic conditions and consumer demand in the District of Columbia, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This metric is used to inform monetary and fiscal policy decisions affecting the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately one quarter.
Related Trends
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Chain-Type Quantity Index for Real GDP: Primary Metal Manufacturing (331) in the District of Columbia
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Value of Exports to Hungary from District of Columbia
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Gross Domestic Product: Fabricated Metal Product Manufacturing (332) in the District of Columbia
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Chain-Type Quantity Index for Real GDP: Professional, Scientific, and Technical Services (54) in the District of Columbia
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Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in the District of Columbia
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Goods for District of Columbia (DCPCEG), retrieved from FRED.