Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska
NEPCEGAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,941.50
Year-over-Year Change
-3.00%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures personal consumption expenditures on nondurable goods like gasoline and other energy products in Nebraska. It provides insights into consumer demand and energy usage 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: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska data series tracks household spending on fuel and energy-related products. This metric is used by economists and policymakers to assess consumer behavior and the state's energy consumption patterns.
Methodology
The data is collected through surveys of households and retailers by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is relevant for understanding Nebraska's economic conditions and energy policy decisions.
Key Facts
- Nebraska's personal consumption expenditures on gasoline and energy goods reached $X.XX billion in the most recent period.
- Spending on energy products accounts for approximately Y% of total nondurable goods consumption in the state.
- Trends in this metric can indicate changes in consumer behavior, transportation usage, and energy efficiency in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This data series tracks personal consumption expenditures on nondurable goods like gasoline, fuel oil, and other energy products in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand and energy usage patterns in Nebraska, which is useful for economists, policymakers, and businesses operating in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and retailers by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Trends in Nebraska's personal consumption expenditures on energy goods can inform energy policy decisions, transportation infrastructure planning, and assessments of the state's economic conditions.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, but there may be a delay of several weeks before the latest figures are released.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska (NEPCEGAS), retrieved from FRED.