Per Capita Personal Consumption Expenditures: Goods: Durable Goods for Southeast BEA Region
SESTPCEPCDURG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,326.00
Year-over-Year Change
87.94%
Date Range
1/1/1997 - 1/1/2023
Summary
This trend measures per capita personal consumption expenditures on durable goods in the Southeast region of the United States. It is a key indicator of consumer demand and economic activity in the region.
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
Per capita personal consumption expenditures on durable goods is a measure of consumer spending on long-lasting products like automobiles, furniture, and appliances. This metric provides insight into the economic health and purchasing power of households in the Southeast.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess regional economic conditions and consumer behavior.
Key Facts
- The Southeast region includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
- Durable goods account for about a third of total personal consumption expenditures.
- This metric is adjusted for inflation to provide a real measure of consumer spending power.
FAQs
Q: What does this economic trend measure?
A: This trend measures per capita personal consumption expenditures on durable goods in the Southeast region of the United States. It provides insight into consumer demand and spending power in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic activity and consumer behavior in the Southeast region. It is widely used by economists, policymakers, and market analysts to assess regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA).
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, central banks, and other institutions to monitor regional economic conditions and inform policy decisions that affect consumer demand and spending.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis with a lag of several months. There may be limitations in geographic coverage or exclusion of certain consumption categories.
Related Trends
Gross Domestic Product: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in the Southeast BEA Region
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Per Capita Personal Consumption Expenditures: Services for Southeast BEA Region
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Chain-Type Quantity Index for Real GDP: Private Goods-Producing Industries in the Southeast BEA Region
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Chain-Type Quantity Index for Real GDP: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in the Southeast BEA Region
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Real Gross Domestic Product: Transportation and Warehousing (48-49) in the Southeast BEA Region
SESTTRANSWARERGSP
Gross Domestic Product: Food and Beverage and Tobacco Product Manufacturing (311-312) in the Southeast BEA Region
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Citation
U.S. Federal Reserve, Per Capita Personal Consumption Expenditures: Goods: Durable Goods for Southeast BEA Region (SESTPCEPCDURG), retrieved from FRED.