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Personal Consumption Expenditures by State: Using BEA Personal Consumption Expenditures Data in Data Planet Statistical Datasets

Provides an overview of the Personal Consumption Expenditures dataset, produced by the Bureau of Economic Analysis, and tips for searching the dataset in Data Planet Statistical Datasets and Data Planet Statistical Ready Reference.

About BEA Local Areas Statistics

This dataset provides annual estimates of personal income and employment for states and counties in the United States. These estimates are developed as part of the Bureau of Economic Analysis Regional Economic Accounts program. Estimates of compensation and earning by industry and place of work indicate the economic activity of establishments within the local area. Estimates of personal income by place of residence provide a measure of fiscal capacity and an indicator of the economic well-being of the residents of an area. The county estimates of personal income are designed to be conceptually and statistically consistent with the national estimates of personal income in the BEA National Income and Product Accounts (NIPA) dataset. Differences between the NIPA estimates and the regional accounts estimates are due to differences in coverage and timing of the availability of source data; eg, the NIPA measure of personal income is broader than county personal income. The state and county personal income and employment estimates are based primarily on administrative records data, and also use some survey and census data.

For more information, visit the BEA website.

Access to Data Planet

Data Planet is available via IP (and proxy server) authentication at https://dataplanet.sagepub.com/. The Data Planet interface allows users to browse available datasets by subject and source and to manipulate variables to create customized views of the data, as well as to search for statistics of interest via Quick and/or Advanced Search.

(EZproxy users, please visit here.)

Using BEA Local Areas Statistics in Data Planet Statistical Datasets

In Data-Planet Statistical Datasets, the  indicators included in the BEA Personal Consumption Expenditures by State dataset can be viewed individually to examine the many data points that comprise the time series. Statistics can be examined by state and expenditure category. The graph below shows the trend in spending on foreign travel by Connecticut residents.

Compare statistics for states and expenditure categories. To select multiple indicators, hold down the control (Ctrl) key when clicking on the second (or third) item in the criteria panel. The trend display below compares spending on motor vehicles and parts in Alaska, Arizona, California, and Colorado.

 

You can also compare across indicators in other datasets in the repository, such as Gross Domestic Product by State, etc. Keep in mind that the graphs you create do not necessarily imply causality: the results may suggest a potential relationship between the variables you select, which may be an interesting line of inquiry for your own research.

 For more information on using Data-Planet Statistical Datasets, see http://data-planet.libguides.com/statisticaldatasets .

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