Production: Manufacturing: Consumer Goods: Total for Spain
Quarterly, Not Seasonally Adjusted
PRMNCG01ESQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.32
Year-over-Year Change
1.10%
Date Range
1/1/1965 - 10/1/2018
Summary
This economic trend measures the quarterly, not seasonally adjusted production of nondurable consumer goods in the United States. It provides insights into consumer demand and manufacturing 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 Quarterly, Not Seasonally Adjusted production of nondurable consumer goods is a key indicator of economic health and consumer spending patterns. It represents the output of items like food, clothing, and other short-lived products, offering a snapshot of underlying consumer demand.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This trend is closely watched by economists, policymakers, and market analysts to gauge the strength of the consumer economy.
Key Facts
- Nondurable goods account for over 30% of total consumer spending in the U.S.
- This trend has shown steady growth since the 2008-2009 recession.
- The production of nondurable goods is a leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted production of nondurable consumer goods in the United States, providing insights into consumer demand and manufacturing activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic health and consumer spending patterns, closely watched by economists, policymakers, and market analysts to gauge the strength of the consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess the state of the consumer economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNCG01ESQ661N), retrieved from FRED.