All Employees: Construction in Pennsylvania
Monthly, Not Seasonally Adjusted
PACONSN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
272.00
Year-over-Year Change
0.18%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures total personal consumption expenditures in the United States. This key economic indicator provides insight into consumer spending patterns and can inform economic policy decisions.
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
Personal consumption expenditures represent the market value of goods and services purchased by U.S. households. This metric is widely used by economists and policymakers to assess the overall health of the consumer economy.
Methodology
The data is collected through household surveys by the U.S. Bureau of Economic Analysis.
Historical Context
Trends in personal consumption expenditures are closely watched by the Federal Reserve and other institutions to gauge inflationary pressures and consumer confidence.
Key Facts
- Personal consumption accounts for about 70% of U.S. GDP.
- Consumer spending has been a key driver of economic growth in recent years.
- Expenditures on durable goods tend to be more volatile than nondurable goods and services.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures total personal consumption expenditures by U.S. households on goods and services.
Q: Why is this trend relevant for users or analysts?
A: Personal consumption expenditures are a key indicator of consumer demand and economic activity, making this trend highly relevant for economists, policymakers, and market analysts.
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: Trends in personal consumption expenditures are closely monitored by the Federal Reserve and other institutions to assess inflationary pressures and overall consumer confidence.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures (PACONSN), retrieved from FRED.