Real Final Consumption Expenditure for Estonia
Quarterly, Not Seasonally Adjusted
NCRNSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
236,655.09
Year-over-Year Change
8.58%
Date Range
1/1/1995 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted trend measures consumer spending on non-durable goods in the United States. This economic indicator provides insight into the strength of consumer demand and can inform policymakers and analysts about the overall health of the 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
This series represents nominal consumer spending on non-durable goods like food, clothing, and fuel on a quarterly basis without seasonal adjustments. It is a key component of personal consumption expenditures, a major driver of GDP growth.
Methodology
The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge consumer confidence and the trajectory of the broader economy.
Key Facts
- Consumer spending on non-durable goods accounts for over 20% of U.S. GDP.
- Nominal non-durable goods spending has grown by an average of 4% annually over the past decade.
- Household consumption of non-durable goods is a leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures nominal consumer spending on non-durable goods like food, clothing, and fuel in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the strength of consumer demand, which is a major driver of economic growth. It is closely monitored by policymakers and market analysts to gauge the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this trend to assess consumer confidence and make informed decisions about monetary and fiscal policies that can impact economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month after the end of the reporting period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NCRNSAXDCESQ), retrieved from FRED.