Orders: Construction: Permits Issued: Dwellings and Residential Buildings for France
Number, Annual, Seasonally Adjusted
ODCNPI03FRA180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,094.60
Year-over-Year Change
3.55%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual change in seasonally adjusted personal consumption expenditures for other durable goods in the United States. It provides insights into consumer spending patterns and economic conditions.
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 (PCE) index is a key measure of U.S. inflation used by policymakers. The 'Other Durable Goods' component tracks spending on items like recreational vehicles, jewelry, and sports equipment, offering a window into discretionary consumer behavior.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and market analysts closely monitor PCE trends to assess the health of consumer demand and the broader economy.
Key Facts
- The 'Other Durable Goods' category accounts for about 5% of total personal consumption expenditures.
- Spending on other durable goods tends to be more discretionary and sensitive to economic conditions.
- Annual growth in this index provides an early signal of shifts in consumer confidence and buying patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual change in seasonally adjusted personal consumption expenditures for other durable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into discretionary consumer spending patterns and can signal shifts in economic conditions and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor PCE trends, including other durable goods, to assess the health of consumer demand and the broader economy.
Q: Are there update delays or limitations?
A: This data is released monthly by the U.S. Bureau of Economic Analysis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Number, Annual, Seasonally Adjusted (ODCNPI03FRA180S), retrieved from FRED.