Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for District of Columbia
DCPCELRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,226.80
Year-over-Year Change
40.24%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic indicator measures final consumption expenditures of nonprofit institutions serving households in the District of Columbia, excluding receipts from sales of goods and services.
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: Services trend tracks spending on services by nonprofit organizations that primarily serve households in the District of Columbia. This provides insight into the economic activity and contributions of the nonprofit sector in the region.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This indicator is used by policymakers and economists to analyze the role of the nonprofit sector in the Washington, D.C. economy.
Key Facts
- This indicator excludes receipts from goods and services sales by nonprofits.
- Nonprofit institutions serving households account for a significant portion of economic activity in D.C.
- Trends in this metric can signal changes in the role of the nonprofit sector in the local economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures final consumption expenditures of nonprofit institutions serving households in the District of Columbia, excluding receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the economic activity and contributions of the nonprofit sector in the Washington, D.C. region, which is useful for policymakers and economists.
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 indicator is used by policymakers and economists to analyze the role of the nonprofit sector in the Washington, D.C. economy.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential revisions of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for District of Columbia (DCPCELRPTSLSGSNPIS), retrieved from FRED.