Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for District of Columbia
DCPCEPCRECGD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,369.00
Year-over-Year Change
146.99%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on durable recreational goods and vehicles in the District of Columbia. It is a key indicator of consumer demand and economic activity.
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 Durable Recreational Goods and Vehicles metric tracks household spending on durable recreational items like sports equipment, musical instruments, and motor vehicles within the District of Columbia. This data provides insight into consumer purchasing patterns and confidence.
Methodology
The data is collected through household surveys and retail sales reports by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and economists use this indicator to assess consumer spending trends and inform fiscal and monetary policy decisions.
Key Facts
- This data is released quarterly by the U.S. Bureau of Economic Analysis.
- Durable recreational goods make up around 2% of total personal consumption expenditures in the District of Columbia.
- Spending on recreational durable goods declined sharply during the COVID-19 pandemic but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on durable recreational goods and vehicles within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into consumer demand and confidence, which is important for assessing broader economic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and retail sales reports by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess consumer spending trends and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is released quarterly with a lag of several months.
Related Trends
All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in District of Columbia
SMU11000007072259001
Coefficient for Residential Carbon Dioxide Emissions, Residential for District of Columbia
EMISSCO2CCLRCBDCA
Number of Identified Exporters to Mexico from District of Columbia
DCMEXA475SCEN
All Employees: Health Care: Nursing and Residential Care Facilities in the District of Columbia
SMU11000006562300001A
Wholesale Trade Earnings in District of Columbia
DCEWHO
Gross Domestic Product: Government and Government Enterprises (92) in the District of Columbia
DCGOVNGSP
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for District of Columbia (DCPCEPCRECGD), retrieved from FRED.