Real Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Japan
NCPHNRSAXDCJPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,899,385.90
Year-over-Year Change
-12.59%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the real final consumption expenditure of non-profit institutions serving households (NPISHs) in Japan. It provides insight into the activity and contribution of the non-profit sector to the broader Japanese economy.
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 Real Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Japan tracks the inflation-adjusted spending by non-profit organizations that provide goods and services to Japanese households. This metric is used by economists to assess the role of the non-profit sector in national accounts and economic growth.
Methodology
The data is collected and calculated by Japan's Cabinet Office based on national accounts information.
Historical Context
This trend is closely monitored by policymakers to understand the health and evolution of Japan's non-profit sector and its impact on the overall economy.
Key Facts
- Japan's non-profit sector accounts for over 5% of GDP.
- Nominal NPISHs expenditure has grown by 15% in the past decade.
- Real NPISHs consumption is a leading indicator of household purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) final consumption expenditure of non-profit institutions serving households (NPISHs) in Japan.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the role and health of Japan's non-profit sector, which is an important component of the broader economy and national accounts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Cabinet Office based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to understand the contribution of the non-profit sector to Japan's economic growth and development.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the release of this data due to the comprehensive nature of national accounts reporting.
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Citation
U.S. Federal Reserve, Real Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Japan (NCPHNRSAXDCJPQ), retrieved from FRED.