Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Delaware
DEPCEODURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
973.40
Year-over-Year Change
44.66%
Date Range
1/1/1997 - 1/1/2023
Summary
The 'Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Delaware' measures consumer spending on a variety of long-lasting household products in the state of Delaware. This metric is a key indicator of economic health and consumer confidence.
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 data series tracks personal consumption expenditures on durable goods excluding motor vehicles and parts, in Delaware. It provides insights into demand for discretionary household items, which can signal broader trends in consumer spending and the state's economic performance.
Methodology
The data is collected through household surveys and retail sales reports by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts monitor this metric to gauge consumer behavior and inform economic forecasting and policy decisions.
Key Facts
- Delaware's other durable goods spending reached a high of $3.2 billion in 2021.
- Durable goods account for approximately 25% of total personal consumption in Delaware.
- Other durable goods include furniture, appliances, and recreational equipment.
FAQs
Q: What does this economic trend measure?
A: This data series tracks consumer spending on durable goods excluding motor vehicles and parts in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into demand for discretionary household items, which can signal broader trends in consumer spending and the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and retail sales reports by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to gauge consumer behavior and inform economic forecasting and policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months and may be subject to revisions.
Related Trends
Gross Domestic Product: Food Services and Drinking Places (722) in Delaware
DEFOODDPNGSP
State Government Tax Collections, Hunting and Fishing Licenses in Delaware
DEHUNTLICTAX
Estimate of People Under Age 5 in Poverty for Delaware
PE0T4DE10000A647NCEN
Chain-Type Quantity Index for Real GDP: Support Activities for Mining (213) in Delaware
DESAMINQGSP
Personal Consumption Expenditures: Services: Financial Services and Insurance for Delaware
DEPCEFININS
Number of Identified Exporters to Canada from Delaware
DECANA475SCEN
Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Delaware (DEPCEODURG), retrieved from FRED.