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It consists of the actual and imputed expenditures of households and includes data pertaining to durable and non-durable goods and services. It is essentially a measure of goods and services targeted towards individuals and consumed by individuals. [1] The less volatile measure of the PCE price index is the core PCE ( CPCE) price index, which ...
Federal Reserve Economic Data ( FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [1] They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates ...
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out.
Finally, durable goods are important because the indicator sheds light on so many different segments of the economy, including tech, transportation, manufacturing, machinery, residential and ...
Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, rose 1.4% last month, the Commerce Department's Census Bureau said.
Economists polled by Reuters had forecast durable goods orders tumbling 4.5%. Orders fell 0.8% year-on-year in January. Civilian aircraft orders plummeted 58.9% last month after rising 1.0% in ...
Generally the Factory Orders report is not as widely watched as other economic indicators. [ citation needed ] The Advance Release on Durable Goods , which usually precedes the Factory Orders report by one week, garners more attention, [ citation needed ] given that the durable goods report includes orders for capital goods , a proxy for ...
Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. ... Orders to U.S. factories for big-ticket manufactured goods showed ...