Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Delaware
DEPCEGONPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,875.40
Year-over-Year Change
52.67%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the gross output of nonprofit institutions serving households in Delaware. It is an important indicator of the size and activity of the nonprofit sector in the state's 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: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Delaware (DEPCEGONPI) series tracks the total value of goods and services produced by nonprofit organizations in Delaware. This metric provides insight into the scale and economic contribution of the nonprofit sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and economic accounts.
Historical Context
Policymakers and researchers use this trend to assess the role of the nonprofit sector in Delaware's economy.
Key Facts
- Delaware's nonprofit sector accounts for over $5 billion in annual gross output.
- Nonprofit institutions make up approximately 10% of Delaware's GDP.
- The state's nonprofit employment exceeds 70,000 workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services produced by nonprofit organizations serving households in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and economic significance of Delaware's nonprofit sector, which is a key part of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and economic accounts.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to assess the role and contribution of the nonprofit sector in Delaware's economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: There may be several months of lag in the data reporting due to the time required for data collection and processing.
Related Trends
Retail Trade Wages and Salaries in Delaware
DEWRET
All Employees: Local Government Educational Services in Delaware
SMU10000009093161101A
Real Gross Domestic Product: Accommodation and Food Services (72) in Delaware
DEACCOMDRQGSP
Real Gross Domestic Product: Retail Trade (44-45) in Delaware
DERETAILRQGSP
Average Weekly Hours of All Employees: Leisure and Hospitality in Delaware
SMU10000007000000002
Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Delaware
EMISSCO2CPCEIBDEA
Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Delaware (DEPCEGONPI), retrieved from FRED.