Net lending or net borrowing (-), NIPAs: Government: State and local
Annual, Not Seasonally Adjusted
AD03RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-152.00
Year-over-Year Change
-52.96%
Date Range
1/1/1929 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the annual change in real consumer spending on durable goods in the United States. This metric is a key indicator of consumer confidence and demand.
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 data series represents the year-over-year percent change in real personal consumption expenditures for durable goods, which includes big-ticket items like vehicles, appliances, and electronics. It is a useful gauge of broader economic conditions and consumer sentiment.
Methodology
The data is calculated based on personal consumption expenditures reported by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health of the consumer economy and make informed decisions.
Key Facts
- Annual durable goods spending accounts for over 10% of total U.S. consumer expenditures.
- The trend experienced a sharp decline during the 2008-2009 recession.
- Durable goods spending is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real personal consumption expenditures for durable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer confidence and demand, providing insights into the health of the consumer economy.
Q: How is this data collected or calculated?
A: The data is calculated based on personal consumption expenditures reported by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess consumer behavior and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of around one month.
Related Trends
Real National Defense Consumption Expenditures: Gross Output of General Government: Intermediate Goods and Services Purchased: Durable Goods: Vehicles
B288RL1Q225SBEA
Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Gross Investment: Intellectual Property Products: Software
Y060RZ2A224NBEA
Current taxes and transfer payments to the rest of the world: From persons
LA0000021A027NBEA
Real federal government consumption expenditures: Gross output of general government: Value added: Compensation of general government employees
B568RX1Q020SBEA
Net lending or net borrowing (-), NIPAs: Government: State and local
AD03RC1Q027SBEA
Government subsidies: Economic affairs: Other economic affairs
W696RC1A027NBEA
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (AD03RC1A027NBEA), retrieved from FRED.