Nominal Private Sector Final Consumption Expenditure for Canada
Annual, Not Seasonally Adjusted
NCPXDCCAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,700,751.00
Year-over-Year Change
66.15%
Date Range
1/1/1961 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' metric measures the average annual price change for consumer durable goods, excluding food and energy. This important indicator provides insight into underlying inflationary trends within the broader U.S. 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
This data series from the Bureau of Labor Statistics tracks the year-over-year price changes for consumer durable goods, which include items like appliances, furniture, and recreational vehicles. It is a key statistic used by economists and policymakers to monitor consumer price inflation outside of the volatile food and energy sectors.
Methodology
The data is collected through the Consumer Price Index (CPI) survey of household spending and prices.
Historical Context
This metric informs monetary policy decisions by the Federal Reserve and provides context for interpreting overall consumer price trends.
Key Facts
- Measures year-over-year price changes for consumer durable goods
- Excludes volatile food and energy sectors
- Used by economists to monitor underlying inflationary pressures
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average annual price change for consumer durable goods in the United States, excluding food and energy costs.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into underlying inflationary pressures in the economy, beyond the volatile food and energy sectors.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Price Index (CPI) survey of household spending and prices.
Q: How is this trend used in economic policy?
A: This metric informs monetary policy decisions by the Federal Reserve and provides context for interpreting overall consumer price trends.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
Related Trends
Monetary Aggregates and Their Components: Broad Money and Components: M3 for Canada
MABMM301CAQ189N
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Canada
LREM64FECAM156S
Total Reserves excluding Gold for Canada
TRESEGCAM052N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Canada
CANCP070000GYQ
Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Canada
LFUN55MACAM647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Canada
CANCP050000GYM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCPXDCCAA), retrieved from FRED.