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Quarterly
CCUSMA02INQ618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.59
Year-over-Year Change
10.90%
Date Range
1/1/1957 - 4/1/2025
Summary
The Quarterly Consumption of Nondurable Goods measures inflation-adjusted consumer spending on non-durable products like food, clothing, and fuel on a quarterly basis. This metric is a key indicator of overall economic health and consumer confidence.
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 Quarterly Consumption of Nondurable Goods is a measure of real personal consumption expenditures on nondurable goods, which are products that have an average useful life of less than 3 years. It is a crucial component of GDP and provides insight into consumer spending patterns.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer purchases.
Historical Context
Economists and policymakers monitor this indicator to assess the strength of consumer demand and make informed decisions about fiscal and monetary policy.
Key Facts
- Nondurable goods account for about 30% of total personal consumption expenditures.
- The Quarterly Consumption of Nondurable Goods reached a record high of $2.92 trillion in Q4 2021.
- Consumer spending on nondurable goods is a leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption of Nondurable Goods measures inflation-adjusted consumer spending on non-durable products like food, clothing, and fuel on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic health and consumer confidence, providing insight into consumer spending patterns that are crucial for policymakers and economists.
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 surveys of consumer purchases.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the strength of consumer demand and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Nondurable Goods (CCUSMA02INQ618N), retrieved from FRED.