Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Delaware
DEPCEPCODURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
943.00
Year-over-Year Change
27.26%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on other durable goods in Delaware. It provides insights into consumer spending patterns and helps analyze the state's economic health.
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: Goods: Durable Goods: Other Durable Goods for Delaware' series tracks consumer spending on a variety of durable goods, excluding motor vehicles and parts, in the state of Delaware. This metric is a key indicator of economic activity and consumer confidence.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Historical Context
Policymakers and analysts use this trend to assess the strength of Delaware's consumer demand and its implications for the broader state economy.
Key Facts
- Durable goods account for a significant portion of consumer spending.
- Delaware's per capita spending on other durable goods has fluctuated over time.
- Changes in this trend can signal shifts in consumer confidence and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on other 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 consumer spending patterns and the overall strength of Delaware's economy, which is useful for policymakers 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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Delaware's consumer demand and its implications for the broader state economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Delaware (DEPCEPCODURG), retrieved from FRED.