Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Denmark
Quarterly
LCEAMN01DKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.70
Year-over-Year Change
11.81%
Date Range
1/1/1971 - 1/1/2025
Summary
The Quarterly Nominal Personal Consumption Expenditures (PCE) measures changes in consumer spending on goods and services in the United States. It is a key indicator of economic growth and consumer confidence.
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 Nominal PCE is one of the primary measures of household consumption, a major component of gross domestic product (GDP). It tracks both price and quantity changes in consumer expenditures, providing insights into consumer demand and inflationary pressures.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of consumer spending.
Historical Context
Policymakers and economists closely monitor PCE trends to assess the health of the U.S. economy and guide fiscal and monetary policy decisions.
Key Facts
- PCE accounts for about two-thirds of U.S. GDP.
- Consumer spending has a major impact on economic growth.
- Nominal PCE data is released quarterly by the BEA.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Nominal Personal Consumption Expenditures (PCE) measures changes in consumer spending on goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: PCE is a key indicator of economic growth and consumer confidence, providing insights into household consumption, a major component of GDP.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of consumer spending.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor PCE trends to assess the health of the U.S. economy and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: Nominal PCE data is released quarterly by the BEA, with a typical delay of one to three months.
Related Trends
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Amount Outstanding of Domestic Bonds and Notes in Non-Financial Corporations Sector, Long-Term at Original Maturity, Residence of Issuer in Denmark
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Denmark
LRHUTTMADKM156S
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Denmark
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Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Denmark
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Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Denmark
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Citation
U.S. Federal Reserve, Quarterly Nominal Personal Consumption Expenditures (LCEAMN01DKQ661N), retrieved from FRED.