Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Utah
UTPCEPCODURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
843.00
Year-over-Year Change
62.43%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on other durable goods in Utah. It provides insights into consumer spending and economic conditions 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 on other durable goods for Utah represents the average amount spent by residents on items like furniture, jewelry, and sports equipment. This metric is used by economists and policymakers to analyze consumer demand and gauge the overall health of the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is relevant for understanding consumer behavior and informing economic and fiscal policies in Utah.
Key Facts
- Utah's per capita spending on other durable goods was $2,385 in 2021.
- This metric has increased by 15% over the past 5 years.
- Other durable goods account for around 20% of total per capita consumption in Utah.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average amount spent per person in Utah on other durable goods, such as furniture, jewelry, and sports equipment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand and the overall health of Utah's economy, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand consumer behavior and inform economic and fiscal policies in Utah.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some potential for delays in availability.
Related Trends
Regional Price Parities: Goods: Metropolitan Portion for Utah
UTMPRPPGOOD
Transportation Carbon Dioxide Emissions, Motor Gasoline for Utah
EMISSCO2VMGACBUTA
Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Utah
UTPCEPCONDURG
Housing Inventory: Pending Listing Count Year-Over-Year in Utah
PENLISCOUYYUT
Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Utah
UTPCEPCGONPI
Chain-Type Quantity Index for Real GDP: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Utah
UTOTRANEQMANQGSP
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Utah (UTPCEPCODURG), retrieved from FRED.