Total Expenses for Hospitals, Establishments Exempt from Federal Income Tax
Percent Change
EXP622TAXEPT157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
-275.00%
Date Range
1/1/2005 - 1/1/2025
Summary
The Percent Change metric measures the quarterly percent change in U.S. nominal personal consumption expenditures. It serves as a key indicator of consumer spending and overall 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
This series tracks the quarter-over-quarter percent change in total personal consumption expenditures, a broad measure of household spending on goods and services. It is a widely followed economic indicator that provides insight into the health and direction of the U.S. consumer economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Economists and policymakers closely monitor this metric to gauge consumer confidence and spending patterns, which are crucial drivers of economic growth.
Key Facts
- The U.S. Percent Change metric is reported quarterly.
- Consumer spending accounts for over two-thirds of U.S. GDP.
- Positive Percent Change indicates expanding consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Percent Change metric measures the quarterly percent change in U.S. nominal personal consumption expenditures, a broad indicator of household spending on goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into consumer confidence and spending patterns, which are key drivers of overall economic growth in the United States.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to gauge the health of the consumer economy and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Percent Change data is reported quarterly with a short lag, providing timely information on the state of consumer spending.
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Citation
U.S. Federal Reserve, Percent Change (EXP622TAXEPT157QNSA), retrieved from FRED.