Annual, Not Seasonally Adjusted
BPCRIN01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,375,510,000.00
Year-over-Year Change
991.81%
Date Range
1/1/1994 - 1/1/2011
Summary
This economic trend measures the annual, not seasonally adjusted rate of personal consumption expenditures in the United States. It provides insight into consumer spending patterns, a key indicator of economic growth and health.
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 annual, not seasonally adjusted personal consumption expenditures metric tracks changes in the value of goods and services purchased by U.S. households over a 12-month period. This broad measure of consumer spending is closely monitored by economists and policymakers to assess the strength of the domestic economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on household surveys and retail sales reports.
Historical Context
Trends in personal consumption expenditures are closely watched for their implications on monetary and fiscal policy decisions.
Key Facts
- Annual personal consumption expenditures account for over two-thirds of U.S. GDP.
- Consumer spending rebounded sharply in 2021 after pandemic-related declines.
- Stable growth in personal consumption is a key sign of economic health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted rate of personal consumption expenditures in the United States, which tracks changes in the value of goods and services purchased by U.S. households.
Q: Why is this trend relevant for users or analysts?
A: Personal consumption expenditures are a crucial indicator of economic growth and consumer demand, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on household surveys and retail sales reports.
Q: How is this trend used in economic policy?
A: Trends in personal consumption expenditures are closely watched for their implications on monetary and fiscal policy decisions, as stable growth in consumer spending is a key sign of economic health.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted personal consumption expenditures data is published by the U.S. Bureau of Economic Analysis on a regular schedule, with some inherent delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRIN01RUA637S), retrieved from FRED.