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You are here: Home / News / Report Details How Inflation Varied for Consumers Across U.S. States Last Year

Report Details How Inflation Varied for Consumers Across U.S. States Last Year

October 4, 2023 By CollisionWeek Editor

The personal consumption expenditures index was above 9.7% in 10 states in 2022.

Nationally, personal consumption expenditures (PCE), in current dollars, increased 9.2 percent in 2022 after increasing 12.9 percent in 2021. PCE increased in all 50 states and the District of Columbia, with the percent change ranging from 11.8 percent in Idaho to 6.4 percent in Louisiana (table 1), according to statistics released by the U.S. Bureau of Economic Analysis (BEA).

The PCE state data provides an understanding of how inflation has impacted consumers in different areas across the U.S.

The PCE price index measures the change in the

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Filed Under: News Tagged With: Bureau of Economic Analysis, Inflation, personal consumption expenditures index

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