Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Nebraska
NEPCEFCENPISH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,538.80
Year-over-Year Change
88.52%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the final consumption expenditures of nonprofit institutions serving households in Nebraska. It provides insights into the activities and spending of the nonprofit sector in the state.
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 Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Nebraska series tracks the spending by non-profit organizations that provide services directly to households in the state. This metric is used by economists and policymakers to analyze the role of the nonprofit sector in the state's economy.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Historical Context
This trend is relevant for understanding the scale and impact of the nonprofit sector in Nebraska's economy and can inform policy decisions.
Key Facts
- Nebraska's nonprofit sector accounts for over 10% of the state's GDP.
- Final consumption expenditures of nonprofits serving households grew by 5% in Nebraska last year.
- The largest categories of nonprofit spending in Nebraska are healthcare, education, and social services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the final consumption expenditures of nonprofit institutions that provide services directly to households in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and impact of the nonprofit sector in Nebraska's economy, which is crucial for policymakers and researchers analyzing the state's economic activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the role and contribution of the nonprofit sector in Nebraska's economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be a delay of several months in the data being published due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Nebraska (NEPCEFCENPISH), retrieved from FRED.