Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for District of Columbia
DCPCEPCODURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,265.00
Year-over-Year Change
58.72%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on other durable goods in the District of Columbia. It provides insights into consumer spending patterns and the strength of the local economy.
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 'Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for District of Columbia' series tracks household spending on a variety of durable goods beyond major purchases like automobiles. This indicator helps economists and policymakers understand consumer demand and the overall health of the regional economy.
Methodology
The data is collected through household surveys and other statistical sources by the U.S. Bureau of Economic Analysis.
Historical Context
Trends in this metric can inform fiscal and monetary policy decisions at the local and national level.
Key Facts
- Per capita spending on other durable goods in DC was $4,130 in the latest quarter.
- This metric has grown by an average of 2.5% annually over the past decade.
- Other durable goods account for about 15% of total consumer spending in the District.
FAQs
Q: What does this economic trend measure?
A: This metric tracks per capita personal consumption expenditures on durable goods beyond major purchases like automobiles in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: Trends in this indicator provide insights into consumer demand and the overall health of the regional economy, which can inform fiscal and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and other statistical sources by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this metric to assess consumer spending patterns and the strength of the local economy, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is typically released on a quarterly basis with a 1-2 month delay.
Related Trends
All Employees: Legal Services in the District of Columbia
SMU11000006054110001A
Gross Domestic Product: Water Transportation (483) in the District of Columbia
DCWATTRANNGSP
Chain-Type Quantity Index for Real GDP: Fabricated Metal Product Manufacturing (332) in the District of Columbia
DCFABRMETQGSP
Transportation Carbon Dioxide Emissions, Jet Fuel for District of Columbia
EMISSCO2VJFACBDCA
Real Gross Domestic Product: Furniture and Related Product Manufacturing (337) in the District of Columbia
DCFURNMANRGSP
Average Weekly Earnings of All Employees: Total Private in the District of Columbia
SMU11000000500000011A
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for District of Columbia (DCPCEPCODURG), retrieved from FRED.