All Employees: Professional and Business Services in Pennsylvania
Monthly, Not Seasonally Adjusted
PAPBSVN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
849.40
Year-over-Year Change
1.74%
Date Range
1/1/1990 - 7/1/2025
Summary
This U.S. economic trend measures the total value of personal consumption expenditures (PCE) for durable goods on a monthly basis without seasonal adjustments. It provides important insights into consumer spending and economic activity.
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 (PCE) for Durable Goods, Not Seasonally Adjusted trend tracks monthly changes in U.S. household spending on long-lasting physical products. This metric is a key indicator of consumer demand and overall economic health.
Methodology
The data is collected through household surveys and aggregated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to assess the strength of the consumer economy and guide economic forecasting and decision-making.
Key Facts
- PCE for durable goods accounts for about 10% of total U.S. consumer spending.
- Durable goods purchases tend to be more sensitive to economic conditions than non-durable goods.
- The not seasonally adjusted data allows for month-over-month comparisons without the influence of seasonal patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of monthly personal consumption expenditures (PCE) for durable goods in the U.S. without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted PCE for durable goods provides valuable insights into consumer demand and can help economists and policymakers assess the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate consumer spending patterns and guide economic forecasting and decision-making.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Economic Analysis, with a typical one-month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures for Durable Goods, Not Seasonally Adjusted (PAPBSVN), retrieved from FRED.