Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware
DEPCEPCGAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,696.00
Year-over-Year Change
36.55%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on nondurable goods like gasoline and other energy products in the state of Delaware. It provides insights into consumer spending and energy demand at the state level.
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 Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware series tracks inflation-adjusted spending on energy-related nondurable goods per person in the state. This metric is used by economists and policymakers to analyze energy consumption patterns and cost-of-living trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on consumer surveys and economic accounts.
Historical Context
This state-level trend is relevant for understanding regional variations in energy demand and the economic impacts of energy prices.
Key Facts
- Delaware's per capita energy spending was $2,462 in 2021.
- Energy costs account for over 5% of Delawareans' total personal consumption.
- Gasoline and other fuels make up the largest share of Delaware's nondurable goods spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on nondurable goods like gasoline and other energy products in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending and energy demand patterns at the state level, which is useful for economists and policymakers analyzing regional economic and cost-of-living trends.
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 consumer surveys and economic accounts.
Q: How is this trend used in economic policy?
A: This state-level trend is relevant for understanding regional variations in energy demand and the economic impacts of energy prices, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Delaware (DEPCEPCGAS), retrieved from FRED.