Personal Consumption Expenditures: Services: Housing and Utilities for Idaho
IDPCEHOUSUTL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,290.40
Year-over-Year Change
119.57%
Date Range
1/1/1997 - 1/1/2023
Summary
The Personal Consumption Expenditures: Services: Housing and Utilities for Idaho metric tracks household spending on housing and utility services in the state. This key economic indicator provides insight into consumer demand and inflation trends.
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
This data series measures the dollar value of housing and utility services consumed by households in Idaho. It is a component of the broader Personal Consumption Expenditures (PCE) metric, which is a primary gauge of economic growth and consumer behavior.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of households and businesses.
Historical Context
Policymakers and analysts use this metric to assess inflationary pressures and the overall health of the Idaho economy.
Key Facts
- Idaho's housing and utility spending accounted for 21.4% of total personal consumption in 2021.
- The metric has grown at an average annual rate of 3.2% over the past decade.
- Housing and utilities make up the largest component of household expenditures in Idaho.
FAQs
Q: What does this economic trend measure?
A: The Personal Consumption Expenditures: Services: Housing and Utilities for Idaho metric tracks household spending on housing and utility services in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, inflationary pressures, and the overall health of the Idaho economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of households and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess inflationary pressures and the overall health of the Idaho economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with some potential for minor delays in reporting.
Related Trends
Coefficient for Transportation Carbon Dioxide Emissions, Distillate Fuel for Idaho
EMISSCO2CDFACBIDA
Average Hourly Earnings of All Employees: Goods Producing in Idaho
SMU16000000600000003A
Durable Manufacturing Wages and Salaries in Idaho
IDWDUR
All Employees: Private Service Providing in Idaho
SMU16000000800000001
Gross Domestic Product: Transit and Ground Passenger Transportation (485) in Idaho
IDTRANGRNDTRANNGSP
Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Idaho
EMISSCO2CNGICBIDA
Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Housing and Utilities for Idaho (IDPCEHOUSUTL), retrieved from FRED.