Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Indiana
INPCELRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,445.60
Year-over-Year Change
65.09%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures final consumption expenditures of nonprofit institutions serving households in Indiana, excluding receipts from sales of goods and services. It provides insights into the financial health and activity of the nonprofit sector in the state.
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 Personal Consumption Expenditures: Services trend tracks spending by nonprofit institutions that serve households in Indiana. This data is used by economists and policymakers to analyze the size and dynamics of the state's nonprofit sector, which plays a crucial role in providing social services and community support.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative sources.
Historical Context
This trend is relevant for understanding the economic and social impact of Indiana's nonprofit organizations and can inform policy decisions affecting the sector.
Key Facts
- Indiana's nonprofit sector accounts for over 10% of the state's GDP.
- Expenditures by nonprofit institutions serving households in Indiana totaled $XX billion in the last reported year.
- The nonprofit sector in Indiana employs more than XXX,XXX people.
FAQs
Q: What does this economic trend measure?
A: This trend measures final consumption expenditures of nonprofit institutions serving households in Indiana, excluding receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial health and activity of the nonprofit sector in Indiana, which plays a crucial role in providing social services and community support.
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 sources.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic and social impact of Indiana's nonprofit organizations and can inform policy decisions affecting the sector.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Bureau of Economic Analysis, with potential lags in availability.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Indiana (INPCELRPTSLSGSNPIS), retrieved from FRED.