Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Louisiana
LAPCELRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,546.60
Year-over-Year Change
88.06%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures final consumption expenditures of nonprofit institutions serving households in Louisiana, excluding their receipts from sales of goods and services.
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 provides insights into Louisiana's nonprofit sector, offering a window into the economic activity and funding sources of organizations that serve households in the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is useful for policymakers and economists analyzing the role of the nonprofit sector in Louisiana's economy.
Key Facts
- Excludes receipts from goods and services sold by nonprofits.
- Provides insight into the role of the nonprofit sector in Louisiana.
- Useful for analyzing trends in household consumption and the nonprofit economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures final consumption expenditures of nonprofit institutions serving households in Louisiana, excluding their receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the economic activity and funding sources of the nonprofit sector in Louisiana, which is valuable for policymakers and economists analyzing the role of nonprofits in the state's economy.
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: This trend is used by policymakers and economists to analyze the role of the nonprofit sector in Louisiana's economy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions of the U.S. Bureau of Economic Analysis.
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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 Louisiana (LAPCELRPTSLSGSNPIS), retrieved from FRED.