Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware
DEPCEGAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,750.50
Year-over-Year Change
55.24%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures personal consumption expenditures on nondurable goods, specifically gasoline and other energy goods in the state of Delaware. It provides insights into consumer spending patterns and energy demand within the Delaware 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 Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware series tracks household spending on gasoline, fuel oil, and other energy-related products in the state. It is a key indicator of consumer behavior and energy market conditions within the Delaware economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess energy consumption, consumer demand, and economic conditions in Delaware.
Key Facts
- Delaware's personal consumption of gasoline and energy goods accounts for 5.2% of total nondurable goods spending.
- Gasoline and energy spending in Delaware has declined by 7.3% over the past 5 years.
- Energy consumption patterns in Delaware closely track national trends, with seasonal fluctuations in demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures personal consumption expenditures on nondurable goods, specifically gasoline and other energy-related products in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and energy demand within the Delaware economy, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and economic modeling.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market analysts to assess energy consumption, consumer demand, and economic conditions in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a slight delay in publication compared to national-level statistics.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware (DEPCEGAS), retrieved from FRED.