Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Missouri
MOPCEPCRECGD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,347.00
Year-over-Year Change
61.51%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures per capita personal consumption expenditures on durable recreational goods and vehicles in the state of Missouri. It provides insights into consumer spending patterns and the strength 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 Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Missouri trend represents consumer spending on durable recreational items, such as equipment, vehicles, and other goods. This data is used by economists and policymakers to analyze consumer behavior and the overall health of the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using personal consumption expenditure surveys and other economic indicators.
Historical Context
This trend is relevant for understanding consumer demand, retail sales, and the broader economic conditions in Missouri.
Key Facts
- Missouri's per capita recreational spending on durable goods was $1,749 in 2021.
- Recreational durable goods account for around 10% of total personal consumption expenditures in Missouri.
- The trend has shown steady growth over the past decade, indicating increasing consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on durable recreational goods and vehicles in the state of Missouri. It provides insights into consumer spending patterns on items like equipment, vehicles, and other durable recreational products.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding consumer demand, retail sales, and the broader economic conditions in Missouri. It helps economists and policymakers analyze consumer behavior and the overall health of 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 using personal consumption expenditure surveys and other economic indicators.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess consumer spending patterns, gauge the strength of the Missouri economy, and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some potential for minor delays in publication. The trend may not capture all aspects of recreational durable goods spending in Missouri.
Related Trends
Average Hourly Earnings of Production Employees: Wholesale Trade in Missouri
SMU29000004100000008A
Housing Inventory: Price Increased Count Month-Over-Month in Missouri
PRIINCCOUMMMO
Gross Domestic Product: Publishing Industries (Except Internet) (511) in Missouri
MOPUBINDNGSP
Leading Index for Missouri
MOSLIND
Management of Companies and Enterprises Earnings in Missouri
MOEMAN
State Tax Collections: T14 Pari-Mutuels Sales Tax for Missouri
QTAXT14QTAXCAT3MONO
Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Missouri (MOPCEPCRECGD), retrieved from FRED.