Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Nebraska
NEPCEPCFUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,244.00
Year-over-Year Change
77.46%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures personal consumption expenditures on durable household furnishings and equipment in the state of Nebraska. It provides insight into consumer demand and spending patterns for durable goods.
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 Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Nebraska metric tracks consumer spending on items like furniture, appliances, and other long-lasting household goods. This data is used by economists and policymakers to analyze economic conditions and consumer behavior in the state.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
This metric helps inform fiscal and monetary policy decisions that can impact consumer markets and durable goods industries.
Key Facts
- Durable goods account for approximately 20% of total personal consumption expenditures.
- Furnishings and household equipment make up about one-third of durable goods spending.
- Nebraska's per capita durable goods spending tracks closely with the national average.
FAQs
Q: What does this economic trend measure?
A: This metric measures personal consumption expenditures on durable household furnishings and equipment in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer demand and spending patterns for long-lasting household goods, which is useful for analyzing economic conditions and consumer behavior in Nebraska.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This metric helps inform fiscal and monetary policy decisions that can impact consumer markets and durable goods industries.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Nebraska (NEPCEPCFUR), retrieved from FRED.