Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Delaware
DEPCEPCFCENPISH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,560.00
Year-over-Year Change
34.60%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures for services provided by nonprofit institutions serving households in the state of Delaware. It is a key indicator of consumer spending and economic activity in the state.
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 Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Delaware metric tracks household consumption of services provided by nonprofit organizations in the state. This data point is used by economists and policymakers to analyze consumer trends and the overall health of Delaware's economy.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and economic accounts.
Historical Context
This metric informs economic and fiscal policy decisions in Delaware.
Key Facts
- Delaware's per capita nonprofit services expenditures were $2,522 in 2021.
- This metric has grown by 25% over the past 10 years in Delaware.
- Nonprofit institutions account for over 5% of Delaware's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures per capita personal consumption expenditures for services provided by nonprofit institutions serving households in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to analyze consumer trends and the overall health of Delaware's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and economic accounts.
Q: How is this trend used in economic policy?
A: This metric informs economic and fiscal policy decisions in Delaware.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month delay.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Delaware (DEPCEPCFCENPISH), retrieved from FRED.