Consumer Price Index: Recreation and Culture (COICOP 09): Total for Finland
Quarterly
FINCP090000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
99.06%
Date Range
4/1/2010 - 7/1/2023
Summary
The Quarterly Personal Consumption Expenditures (PCE) measures the total value of goods and services purchased by U.S. households. It is a key indicator of consumer spending and a vital component of GDP.
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 Quarterly PCE tracks the change in total consumer expenditures, including both durable and non-durable goods as well as services. It is a widely followed economic indicator that provides insight into consumer demand and overall economic health.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Historical Context
Policymakers and analysts closely monitor PCE trends to assess the strength of the economy and guide fiscal and monetary policy decisions.
Key Facts
- Quarterly PCE accounts for over two-thirds of U.S. GDP.
- Consumer spending has historically made up 60-70% of total GDP.
- The PCE price index is the Federal Reserve's preferred measure of inflation.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Personal Consumption Expenditures (PCE) measures the total value of goods and services purchased by U.S. households.
Q: Why is this trend relevant for users or analysts?
A: PCE is a vital indicator of consumer demand and a key component of GDP, making it crucial for assessing the overall health of the economy.
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 surveys of consumer spending.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor PCE trends to guide fiscal and monetary policy decisions aimed at supporting economic growth and stability.
Q: Are there update delays or limitations?
A: The Quarterly PCE data is released with a lag of approximately one month after the end of the reporting quarter.
Related Trends
Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Finland
BCOBLV02FIM460S
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Finland
FINLORSGPRTSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland
CPGREN01FIA659N
Residential Property Prices for Finland
QFIN628BIS
Harmonized Index of Consumer Prices: Actual Rentals for Housing for Finland
CP0410FIM086NEST
Sales: Retail Trade: Car Registration: Passenger Cars for Finland
FINSLRTCR03GYSAM
Citation
U.S. Federal Reserve, Quarterly Personal Consumption Expenditures (FINCP090000GPQ), retrieved from FRED.