Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Indiana
INPCEPCFUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,300.00
Year-over-Year Change
85.19%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic indicator measures per capita personal consumption expenditures on durable household furnishings and equipment in Indiana. It provides insights into consumer demand and spending patterns for durable goods.
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: Furnishings and Durable Household Equipment for Indiana tracks consumer spending on furniture, appliances, and other long-lasting household items. This data is used by economists and policymakers to analyze consumer behavior and trends in the durable goods market.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
This indicator is relevant for understanding the state of the Indiana economy and consumer confidence.
Key Facts
- Indiana's per capita spending on durable household furnishings is above the national average.
- Durable goods account for a significant portion of personal consumption expenditures in Indiana.
- Trends in this indicator can signal changes in consumer confidence and the broader Indiana economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures per capita personal consumption expenditures on durable household furnishings and equipment in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer demand and spending patterns for long-lasting household goods, which is important for understanding the state of the Indiana economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze consumer behavior and trends in the durable goods market, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Bureau of Economic Analysis, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Indiana (INPCEPCFUR), retrieved from FRED.