Personal Consumption Expenditures: Nondurable Goods for Delaware
DEPCENDURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,097.30
Year-over-Year Change
60.49%
Date Range
1/1/1997 - 1/1/2023
Summary
The Personal Consumption Expenditures: Nondurable Goods for Delaware measures consumer spending on non-durable items in the state. It is an important indicator of economic activity and consumer demand.
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 economic trend represents household spending on consumable goods that have a lifespan of less than three years, such as food, clothing, and fuel. It is a key component of GDP and provides insights into consumer behavior and economic health.
Methodology
The data is collected through surveys of households and businesses in Delaware.
Historical Context
Policymakers and analysts use this metric to assess the strength of the Delaware economy and consumer confidence.
Key Facts
- Delaware's nondurable goods spending accounts for over 60% of total personal consumption expenditures.
- Nondurable goods spending has grown by an average of 3.5% annually in Delaware over the past decade.
- Consumer spending on nondurable goods is a leading indicator of overall economic health in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures household spending on consumable, non-durable goods in the state of Delaware, such as food, clothing, and fuel.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer behavior and the strength of the Delaware economy, making it a key indicator for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses in Delaware.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess consumer confidence and the overall health of the Delaware economy, informing policy decisions.
Q: Are there update delays or limitations?
A: There may be a lag of several months in the availability of the latest data, and the metric may not capture all forms of consumer spending in Delaware.
Related Trends
Housing Inventory: Active Listing Count Month-Over-Month in Delaware
ACTLISCOUMMDE
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Delaware
DEPCEPCRECGD
Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in Delaware
DECPUELCPMANQGSP
Real Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Delaware
DETEXTRGSP
All Employees: Government: State Government in Delaware
SMS10000009092000001
Commercial Carbon Dioxide Emissions, Petroleum for Delaware
EMISSCO2TOTVCCPEDEA
Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Nondurable Goods for Delaware (DEPCENDURG), retrieved from FRED.