Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Nebraska

NEPCEPCODURG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

801.00

Year-over-Year Change

18.49%

Date Range

1/1/1997 - 1/1/2023

Summary

This economic trend measures per capita personal consumption expenditures on other durable goods in Nebraska. It provides insights into consumer demand and spending patterns 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 Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Nebraska series tracks the average consumption of durable goods like appliances, furniture, and recreational equipment by Nebraska residents. This data is used by economists and policymakers to assess consumer confidence and spending behaviors.

Methodology

The data is collected through surveys and estimated based on national accounts.

Historical Context

This metric is relevant for analyzing regional economic activity and consumer trends.

Key Facts

  • Nebraska's per capita spending on other durable goods was $2,850 in 2021.
  • Durable goods account for about 20% of total personal consumption expenditures in Nebraska.
  • Other durable goods include items like appliances, furniture, and recreational equipment.

FAQs

Q: What does this economic trend measure?

A: This trend measures per capita personal consumption expenditures on other durable goods, such as appliances, furniture, and recreational equipment, by residents of Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into consumer demand and spending patterns in Nebraska, which is useful for economists and policymakers analyzing regional economic activity and consumer confidence.

Q: How is this data collected or calculated?

A: The data is collected through surveys and estimated based on national accounts.

Q: How is this trend used in economic policy?

A: This metric is relevant for analyzing consumer spending and regional economic conditions, which can inform policy decisions and market strategies.

Q: Are there update delays or limitations?

A: The data is subject to the same update delays and limitations as other personal consumption expenditure statistics published by the U.S. Federal Reserve.

Related Trends

Citation

U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Nebraska (NEPCEPCODURG), retrieved from FRED.