Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for District of Columbia
DCPCEPCONDURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,246.00
Year-over-Year Change
72.17%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic indicator measures per capita personal consumption expenditures on nondurable goods, excluding food and energy, in the District of Columbia. It provides insights into consumer spending patterns and broader economic conditions.
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 on nondurable goods, excluding food and energy, is a key metric used by economists and policymakers to analyze consumer demand and the overall health of the District of Columbia's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys and other economic indicators.
Historical Context
This trend is widely used by analysts, investors, and policymakers to assess consumer confidence and make informed decisions.
Key Facts
- The data is published on a quarterly basis.
- Nondurable goods exclude food and energy products.
- Trends in this metric can signal changes in consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This indicator measures per capita personal consumption expenditures on nondurable goods, excluding food and energy, in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the overall health of the District of Columbia's economy, which is crucial for analysts, investors, 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 using personal consumption expenditure surveys and other economic indicators.
Q: How is this trend used in economic policy?
A: This trend is widely used by analysts, investors, and policymakers to assess consumer confidence and make informed decisions about economic policy and market conditions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for District of Columbia (DCPCEPCONDURG), retrieved from FRED.