Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Missouri
MOPCEPCFUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,248.00
Year-over-Year Change
71.66%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on durable goods for furnishings and household equipment in Missouri. It provides insights into consumer demand and household spending patterns.
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: Goods: Durable Goods: Furnishings and Durable Household Equipment for Missouri series tracks consumer spending on items like furniture, appliances, and other household durables. This data point is a key indicator of consumer confidence and economic conditions within the state.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess the health of the Missouri economy and consumer sector.
Key Facts
- Missouri residents spent an average of $X on durable household goods in the last year.
- Durable goods purchases account for Y% of overall personal consumption expenditures in Missouri.
- Spending on furnishings and household equipment has increased/decreased by Z% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on durable goods for furnishings and household equipment in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand and household spending patterns, which are key indicators of economic conditions and consumer confidence within Missouri.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and market analysts to assess the health of the Missouri economy and consumer sector.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay and may be subject to periodic revisions by the source agency.
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Furnishings and Durable Household Equipment for Missouri (MOPCEPCFUR), retrieved from FRED.