Real Personal Consumption Expenditures - Nondurable Goods
Returns real (inflation-adjusted) personal consumption expenditure on nondurable goods from FRED.
What Are Nondurable Goods?
Nondurable goods are items consumed quickly:
- Food and beverages
- Clothing and footwear
- Gasoline and energy
- Personal care products
Data Source
Data is sourced from the Bureau of Economic Analysis via FRED.
Notes
- Less volatile than durable goods
- Essential spending category
Syntax
=RealPersonalConsumptionExpNondurableGoods()Returns
number
Real PCE nondurable goods in billions
Examples
Nondurable goods spending
When to Use
- Consumer staples analysis
- Essential spending trends
- Retail sector research
- Inflation impact on basics
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Total consumer spending | RealPersonalConsumptionExpenditure() |
| Durable goods | RealPersonalConsumptionExpDurableGoods() |
| Services spending | RealPersonalConsumptionExpServices() |
Common Issues & FAQ
What counts as nondurable?
Items typically consumed within 3 years: food, clothing, fuel.
Is this more stable than durables?
Yes, nondurables are more essential and less deferrable.
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