Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska
NEPCEPCGAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,992.00
Year-over-Year Change
-9.62%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on nondurable goods, specifically gasoline and other energy goods, for the state of Nebraska. It provides insight into consumer spending patterns and energy consumption within 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 Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska metric tracks the average amount spent per person in the state on gasoline and other energy-related nondurable goods. This data is useful for analyzing consumer behavior, energy demand, and the economic impacts of fluctuating energy prices.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys and other economic indicators.
Historical Context
This trend is relevant for policymakers, market analysts, and researchers studying energy consumption, consumer spending, and regional economic conditions.
Key Facts
- Nebraska's per capita spending on gasoline and energy goods was $2,585 in 2021.
- This metric has declined by 10% since 2019 due to reduced travel during the COVID-19 pandemic.
- Energy goods account for over 10% of total personal consumption expenditures in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average amount spent per person in Nebraska on nondurable goods related to gasoline and other energy products.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns, energy demand, and the economic impacts of fluctuating energy prices within the state of Nebraska.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys and other economic indicators.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, market analysts, and researchers studying energy consumption, consumer spending, and regional economic conditions.
Q: Are there update delays or limitations?
A: There may be a delay of several months between the end of the reporting period and the data becoming available.
Related Trends
All Employees: Financial Activities: Finance and Insurance in Nebraska
SMS31000005552000001
Pandemic Unemployment Assistance Continued Claims in Nebraska
PUACCNE
Estimate of Related Children Age 5-17 in Families in Poverty for Nebraska
PE5T17NE31000A647NCEN
Average Weekly Hours of All Employees: Goods Producing in Nebraska
SMU31000000600000002
Chain-Type Quantity Index for Real GDP: Other Transportation and Support Activities (487-488, 492) in Nebraska
NEOTHTRANQGSP
All Employees: Leisure and Hospitality in Nebraska
NELEIH
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska (NEPCEPCGAS), retrieved from FRED.