Per Capita Personal Consumption Expenditures: Services: Housing and Utilities for Delaware
DEPCEPCHOUSUTL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,311.00
Year-over-Year Change
44.35%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on housing and utilities services in Delaware. It provides insights into household spending patterns and consumer demand for these essential services.
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: Services: Housing and Utilities for Delaware series tracks inflation-adjusted consumer spending on housing and utility services in the state. It is a key indicator of the cost of living and household budgets for Delaware residents.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through household surveys and other economic reporting.
Historical Context
This trend is used by policymakers, economists, and market analysts to assess consumer behavior and the overall economic conditions in Delaware.
Key Facts
- Delaware's per capita spending on housing and utilities was $16,921 in 2021.
- This trend has increased by 25% over the past decade in Delaware.
- Housing and utilities account for over 25% of total personal consumption in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on housing and utility services in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the cost of living and consumer demand for essential household services in Delaware, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through household surveys and other economic reporting.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess consumer behavior and the overall economic conditions in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the collecting agency, which may result in slight delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Services: Housing and Utilities for Delaware (DEPCEPCHOUSUTL), retrieved from FRED.