Real Personal Consumption Expenditures - Durable Goods

Returns real (inflation-adjusted) personal consumption expenditure on durable goods from FRED.

What Are Durable Goods?

Durable goods are items expected to last 3+ years:

  • Motor vehicles
  • Furniture and appliances
  • Recreational goods
  • Electronics

Data Source

Data is sourced from the Bureau of Economic Analysis via FRED.

Notes

  • Most volatile component of PCE
  • Leading indicator of consumer confidence

Examples

=RealPersonalConsumptionExpDurableGoods()
Durable goods spending

When to Use

  • Consumer durables analysis
  • Auto and housing sector research
  • Consumer confidence assessment
  • Business cycle analysis

When NOT to Use

Scenario Use Instead
Total consumer spending RealPersonalConsumptionExpenditure()
Nondurable goods RealPersonalConsumptionExpNondurableGoods()
Services spending RealPersonalConsumptionExpServices()

Common Issues & FAQ

Q: What counts as a durable good? A: Items expected to last 3+ years: cars, appliances, furniture, electronics.

Q: Why is this volatile? A: Big-ticket purchases are easily deferred, making them sensitive to economic conditions.

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today
MarketXLS Excel Add-in Tutorial - How to Use Real Personal Consumption Expenditures - Durable Goods and Other Financial Formulas
▶
How does MarketXLS work?

Related Functions