Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Missouri
MOPCEGONPI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,683.30
Year-over-Year Change
69.18%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the gross output of nonprofit institutions serving households in Missouri. It provides insights into the scale and activity of the nonprofit sector, which is an important component of the state's economy.
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: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Missouri series tracks the total value of goods and services produced by nonprofit organizations in the state. This metric is used by economists and policymakers to understand the role of the nonprofit sector in Missouri's economic landscape.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This economic trend is relevant for understanding the scale and impact of Missouri's nonprofit organizations, which play a crucial role in the state's social and economic development.
Key Facts
- Missouri's nonprofit sector accounts for a significant portion of the state's economic activity.
- The gross output of nonprofit institutions serving households in Missouri has grown steadily over time.
- Nonprofit organizations provide essential services and contribute to the overall well-being of Missouri's communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross output of nonprofit institutions serving households in the state of Missouri. It provides insights into the scale and economic activity of the nonprofit sector in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the role and impact of Missouri's nonprofit organizations, which are an important component of the state's economy and social fabric.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the scale and economic contribution of Missouri's nonprofit sector, informing policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Bureau of Economic Analysis, but there may be occasional delays or revisions due to the complexity of the data collection and calculation process.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Missouri (MOPCEGONPI), retrieved from FRED.