MarketXLS

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()
Excel Desktop (Windows)

Examples

=RealPersonalConsumptionExpNondurableGoods()
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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MarketXLS Excel Add-in Tutorial - How to Use Real Personal Consumption Expenditures - Nondurable Goods and Other Financial Formulas
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