Consumer Price Index for All Urban Consumers: Education in U.S. City Average
CUUS0000SAE1 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
306.93
Year-over-Year Change
16.30%
Date Range
1/1/1993 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Education in U.S. City Average measures the change in prices paid by urban consumers for education-related goods and services. It is a key economic indicator used to track inflation in the education sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index is part of the broader Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The education CPI specifically tracks the costs of tuition, textbooks, daycare, and other education-related expenditures.
Methodology
The Bureau of Labor Statistics collects price data from a sample of establishments and households to calculate this seasonally adjusted index.
Historical Context
The education CPI is closely monitored by policymakers, economists, and consumers to understand trends in the cost of education and its impact on household budgets.
Key Facts
- The education CPI has risen by over 50% in the last 20 years.
- Education costs make up about 2% of the total CPI market basket.
- Tuition and fees account for the largest share of the education CPI.
FAQs
Q: What does this economic trend measure?
A: The education CPI measures the change in prices paid by urban consumers for education-related goods and services, including tuition, textbooks, and daycare.
Q: Why is this trend relevant for users or analysts?
A: The education CPI is an important indicator of inflation in the education sector, which is closely monitored by policymakers, economists, and consumers to understand the costs of education and its impact on household budgets.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data from a sample of establishments and households to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: The education CPI is used by policymakers, economists, and institutions to assess trends in the cost of education and its impact on household budgets, which informs decisions on education funding, financial aid, and economic policies.
Q: Are there update delays or limitations?
A: The education CPI is published monthly by the Bureau of Labor Statistics, with a typical release lag of approximately two weeks.
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Citation
U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: Education in U.S. City Average (CUUS0000SAE1), retrieved from FRED.