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 North Carolina
NCPCEPCLRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,911.00
Year-over-Year Change
81.99%
Date Range
1/1/1997 - 1/1/2023
Summary
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 North Carolina' trend measures consumer spending on services provided by nonprofit organizations in North Carolina, adjusted for population.
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
This economic indicator provides insight into the consumption patterns and economic activity related to nonprofit institutions in North Carolina. It is a useful metric for analyzing the role of the nonprofit sector and its contribution to the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the Personal Consumption Expenditures (PCE) series.
Historical Context
This trend is relevant for policymakers, economists, and market analysts seeking to understand consumer behavior and the economic impact of the nonprofit sector in North Carolina.
Key Facts
- The trend is measured in dollars per person.
- Nonprofit institutions include charities, religious organizations, and other non-profit entities.
- Data is updated 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 North Carolina, net of receipts from sales of goods and services by those nonprofit institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic role and contribution of the nonprofit sector in North Carolina, which is important for understanding consumer behavior and the overall state economy.
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 Personal Consumption Expenditures (PCE) series.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the economic impact of the nonprofit sector and consumer spending patterns in North Carolina.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Bureau of Economic Analysis, with a typical release lag of several weeks.
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Citation
U.S. Bureau of Economic Analysis, 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 North Carolina (NCPCEPCLRPTSLSGSNPIS), retrieved from FRED.