Regional Price Parities: Services: Housing: Nonmetropolitan Portion for Delaware
DENMPRPPSERVERENT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2008 - 1/1/2023
Summary
The Regional Price Parities: Services: Housing: Nonmetropolitan Portion for Delaware measures the relative cost of housing services in non-metropolitan areas of Delaware compared to the national average.
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 statistic is used by economists and policymakers to assess regional cost-of-living differences and adjust economic indicators accordingly. It helps provide a more accurate picture of real purchasing power across geographic areas.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of sources.
Historical Context
This metric is important for understanding geographic variation in the cost of living and guiding federal program adjustments.
Key Facts
- Delaware's non-metro housing costs are 91.1% of the national average.
- Regional price parities help adjust economic indicators for geographic differences.
- Tracking non-metro housing costs is important for assessing real purchasing power.
FAQs
Q: What does this economic trend measure?
A: This metric measures the relative cost of housing services in non-metropolitan areas of Delaware compared to the national average.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding regional cost-of-living differences and adjusting economic indicators accordingly.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of sources.
Q: How is this trend used in economic policy?
A: This metric is used to guide adjustments to federal programs based on geographic variation in the cost of living.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological constraints of the U.S. Bureau of Economic Analysis.
Related Trends
Industrial Carbon Dioxide Emissions, Petroleum for Delaware
EMISSCO2TOTVICPEDEA
Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Delaware
MEDLISPRIPERSQUFEEMMDE
Personal Consumption Expenditures: Goods for Delaware
DEPCEG
Gross Domestic Product: Health Care and Social Assistance (62) in Delaware
DEHLTHSOCASSNGSP
Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in Delaware
DETRANSUTILQGSP
Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware
DERETAILQQGSP
Citation
U.S. Federal Reserve, Regional Price Parities: Services: Housing: Nonmetropolitan Portion for Delaware (DENMPRPPSERVERENT), retrieved from FRED.