National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Russia
Annual
RUSCINSADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,386,833,600,000.00
Year-over-Year Change
114.48%
Date Range
1/1/2003 - 1/1/2020
Summary
The Annual Real U.S. Consumer Spending on Durable Goods, Services, and Nondurable Goods Index measures inflation-adjusted consumer spending across key economic sectors.
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
This important index tracks changes in total real consumer expenditures, providing insights into economic growth, consumer confidence, and spending patterns. Economists and policymakers closely monitor this metric to assess the health of the U.S. consumer economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys.
Historical Context
This index is a key input for economic forecasting and monetary policy decisions.
Key Facts
- The index uses 2012 as the base year.
- Consumer spending accounts for over two-thirds of U.S. GDP.
- The index reached an all-time high of 115.3 in 2021.
FAQs
Q: What does this economic trend measure?
A: The Annual Real U.S. Consumer Spending on Durable Goods, Services, and Nondurable Goods Index measures total real consumer expenditures, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into consumer demand, which is a crucial driver of economic growth. It helps economists and policymakers assess the health of the U.S. consumer economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys.
Q: How is this trend used in economic policy?
A: This index is a key input for economic forecasting and monetary policy decisions, as it reflects the strength of consumer spending, a major component of GDP.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Annual Real U.S. Consumer Spending on Durable Goods, Services, and Nondurable Goods Index (RUSCINSADSMEI), retrieved from FRED.