Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Delaware
DEPCEFCENPISH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,610.10
Year-over-Year Change
52.94%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures final consumption expenditures of nonprofit institutions serving households in Delaware. It provides insights into the state's nonprofit sector and household consumption patterns.
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: Services data tracks household-serving nonprofit expenditures in Delaware. This metric is used by economists and policymakers to analyze the scale and dynamics of the state's civil society and consumer demand.
Methodology
The data is collected through surveys by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is relevant for understanding Delaware's economic and social welfare conditions.
Key Facts
- Delaware's nonprofit expenditures make up a significant portion of its overall consumer spending.
- Nonprofit institutions in Delaware provide essential social services and community programs.
- Tracking this trend helps policymakers assess the strength of Delaware's civil society.
FAQs
Q: What does this economic trend measure?
A: This trend measures final consumption expenditures of nonprofit institutions serving households in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and dynamics of Delaware's nonprofit sector and its role in supporting household consumption and social welfare.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and impact of Delaware's civil society and its contribution to the state's overall economic and social conditions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in survey coverage, but the Federal Reserve provides the most comprehensive and authoritative source for this information.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Delaware (DEPCEFCENPISH), retrieved from FRED.