Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Iowa
IAPCELRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,721.50
Year-over-Year Change
44.82%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures final consumption expenditures of nonprofit institutions serving households in Iowa, excluding receipts from sales of goods and services. It provides insights into the non-profit sector's contribution to personal consumption 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 Personal Consumption Expenditures: Services trend tracks spending on services by households and nonprofit institutions serving households in Iowa. It is an important indicator of economic activity and consumer demand within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used by economists and policymakers to evaluate the health of Iowa's service-based economy and consumer sector.
Key Facts
- Nonprofit institutions in Iowa account for a significant portion of personal consumption expenditures.
- Excluding receipts from sales helps isolate the net impact of nonprofit activity on overall consumption.
- Trends in this metric provide insights into the financial health and economic role of the nonprofit sector in Iowa.
FAQs
Q: What does this economic trend measure?
A: This trend measures final consumption expenditures of nonprofit institutions serving households in Iowa, excluding receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the economic contribution and financial health of the nonprofit sector in Iowa, which is an important component of the state's personal consumption and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate the performance of Iowa's service-based economy and consumer sector, which can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: There may be occasional update delays or limitations in the data due to the complexity of measuring nonprofit sector activity.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Iowa (IAPCELRPTSLSGSNPIS), retrieved from FRED.