Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Iowa
IAPCEPCGAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,000.00
Year-over-Year Change
-1.53%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on nondurable goods, specifically gasoline and other energy goods, for the state of Iowa. It provides insights into consumer spending patterns and energy 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 per capita personal consumption expenditures on nondurable goods, including gasoline and other energy goods, is an important economic indicator that reflects consumer demand and behavior in Iowa. It is used by policymakers, economists, and analysts to understand energy consumption and spending habits within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on household surveys and other economic data sources.
Historical Context
This trend is relevant for understanding energy markets, consumer spending, and policy decisions affecting Iowa's economy.
Key Facts
- Iowa's per capita personal consumption expenditures on gasoline and other energy goods was $2,784 in 2021.
- This trend has shown a consistent year-over-year increase since 2010.
- Gasoline and other energy goods account for a significant portion of Iowa's nondurable goods consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on nondurable goods, specifically gasoline and other energy goods, for the state of Iowa.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and energy consumption in Iowa, which is important for understanding the state's economy and energy markets.
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 other economic data sources.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, economists, and analysts to understand energy consumption and spending habits within Iowa, which can inform energy and economic policies affecting the state.
Q: Are there update delays or limitations?
A: The data is typically updated quarterly, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Iowa (IAPCEPCGAS), retrieved from FRED.