Personal Consumption Expenditures: Goods for Delaware
DEPCEG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,898.20
Year-over-Year Change
63.46%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures personal consumption expenditures on goods in the state of Delaware. It is a key indicator of consumer demand and economic activity within the state.
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: Goods for Delaware series tracks the total dollar amount spent by Delaware consumers on physical goods. This statistic is a valuable metric for analyzing the strength of the state's economy and consumer confidence.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used by policymakers, economists, and market analysts to inform decisions and assessments related to Delaware's economic performance.
Key Facts
- Delaware's personal consumption on goods was $X.XX billion in the most recent quarter.
- Goods spending accounts for YY% of total personal consumption in Delaware.
- Delaware's goods consumption has increased/decreased by Z% over the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar amount spent by consumers in the state of Delaware on physical goods and products.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength of consumer demand and economic activity within the Delaware state economy.
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: Policymakers, economists, and market analysts use this trend to inform decisions and assessments related to Delaware's economic performance and consumer confidence.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis, with a lag of approximately X months from the end of the reference period.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Goods for Delaware (DEPCEG), retrieved from FRED.