Real Private Sector Final Consumption Expenditure for France
Annual, Not Seasonally Adjusted
NCPRXDCFRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,259,675.43
Year-over-Year Change
13.36%
Date Range
1/1/1950 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures consumer purchases of nondurable goods and services, excluding food and energy, in the United States. This metric is closely watched by economists as an indicator of underlying consumer demand and spending patterns.
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
This trend represents the year-over-year change in nominal personal consumption expenditures (PCE) for nondurable goods and services, excluding food and energy. It provides insight into consumer spending behavior and can help gauge overall economic health and inflationary pressures.
Methodology
The data is collected through household surveys and business reporting by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the strength of the consumer economy and make informed decisions.
Key Facts
- The data is reported on a monthly basis.
- Nondurable goods include items like clothing, gasoline, and household supplies.
- This trend excludes spending on food and energy, which can be volatile.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in consumer purchases of nondurable goods and services, excluding food and energy, in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying consumer demand and spending patterns, which are crucial indicators of economic health and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and business reporting by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to assess the strength of the consumer economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delay, providing timely insights into consumer spending patterns.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCPRXDCFRA), retrieved from FRED.