Labor Compensation: Earnings: Private Sector: Hourly for Germany
Quarterly, Not Seasonally Adjusted
LCEAPR01DEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.04
Year-over-Year Change
9.43%
Date Range
1/1/1996 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted personal consumption expenditures for durable goods in the U.S. It provides insight into consumer spending patterns and is a key indicator of economic activity.
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 Quarterly, Not Seasonally Adjusted personal consumption expenditures for durable goods trend represents household spending on long-lasting tangible products such as appliances, furniture, and vehicles. This metric is closely watched by economists and policymakers to gauge the strength of consumer demand.
Methodology
The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used to inform monetary and fiscal policy decisions.
Key Facts
- Durable goods account for approximately 10% of total personal consumption expenditures.
- Consumer spending on durable goods is considered a leading economic indicator.
- Quarterly, not seasonally adjusted data is less volatile than seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly, not seasonally adjusted personal consumption expenditures for durable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and is a key indicator of economic activity and strength of consumer demand.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used to inform monetary and fiscal policy decisions by economists and policymakers.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data may be more volatile than seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LCEAPR01DEQ661N), retrieved from FRED.