- Prototype estimates of personal consumption expenditures (PCE) for states for 1997-2012 provide a new tool for state-level analysis of consumer activity and household economic well-being.
- The PCE-by-state estimates are released for 16 expenditure categories that correspond to the national level expenditure categories published by BEA. There are eight categories of goods, seven categories of services, and the net expenditures of nonprofit institutions serving households.
- Per capita PCE in 2012 ranged from a high of $59,423 in the District of Columbia to a low of $27,406 in Mississippi.
- Between 2011 and 2012 North Dakota had the fastest growth in per capita PCE between at 9.2% and the fastest growth in total PCE at 11.5%.
- These prototype estimates are released for data users’ evaluations and comments. Provided that user evaluations are positive, BEA plans to release official annual statistics in 2015.
Read the full report.