Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for South Dakota
SDPCELRPTSLSGSNPIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,545.20
Year-over-Year Change
135.93%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the final consumption expenditures of nonprofit institutions serving households in South Dakota, excluding receipts from sales of goods and services.
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 Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for South Dakota data series provides insights into a key component of consumer spending and economic activity within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used by economists and policymakers to analyze consumer demand and the nonprofit sector's role in South Dakota's economy.
Key Facts
- Excludes receipts from sales of goods and services by nonprofit institutions in South Dakota.
- Provides insights into consumer spending patterns in the state's nonprofit sector.
- Considered a leading indicator of economic activity and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the final consumption expenditures of nonprofit institutions serving households in South Dakota, excluding receipts from sales of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the role of the nonprofit sector in South Dakota's economy, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze consumer demand and the nonprofit sector's contribution to economic activity in South Dakota.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision policies of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for South Dakota (SDPCELRPTSLSGSNPIS), retrieved from FRED.