Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Maryland
MDPCEPCLRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,300.00
Year-over-Year Change
39.22%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on services provided by nonprofit institutions serving households in Maryland, excluding receipts from sales of goods and services by those institutions.
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: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Maryland metric provides insights into household spending on nonprofit-provided services within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is useful for policymakers and analysts to understand household consumption patterns and the role of the nonprofit sector in Maryland's economy.
Key Facts
- This metric excludes receipts from sales of goods and services by nonprofit institutions.
- Nonprofit institutions serving households include charities, foundations, and advocacy groups.
- The data is published quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on services provided by nonprofit institutions serving households in Maryland, excluding receipts from sales of goods and services by those institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household spending on nonprofit-provided services within Maryland, which is useful for policymakers and analysts to understand consumption patterns and the role of the nonprofit sector 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 analysts to understand household consumption patterns and the role of the nonprofit sector in Maryland's economy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Maryland (MDPCEPCLRPTSLSGSNPIS), retrieved from FRED.