“Today, the U.S. Bureau of Economic Analysis released its first set of official statistics on personal consumption expenditures (PCE) by state for 1997-2014. PCE by state – the measure of goods and services purchased by or on behalf of households by state of residence – provides insight into household spending patterns across states and can be used together with other regional data to gain a better understanding of regional economies. PCE by state statistics are released for 16 expenditure categories; eight categories of goods, seven categories of services, and the net expenditures of nonprofit institutions serving households. The statistics are reported in current dollars and reflect variation in both prices and quantities.”