Expenditures: Eggs by Income Before Taxes: $20,000 to $29,999
CXU080110LB0206M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
26.83%
Date Range
1/1/1984 - 1/1/2015
Summary
This economic trend measures the expenditures on eggs by U.S. households with annual income between $20,000 and $29,999. It provides insights into the consumption patterns of lower-middle-income consumers.
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
The Expenditures: Eggs by Income Before Taxes: $20,000 to $29,999 trend tracks monthly spending on eggs for households in this income bracket. It is a key indicator of food consumption behavior and can inform policy decisions and market analysis.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to understand the dynamics of the consumer goods market.
Key Facts
- Eggs are a staple food item for lower-middle-income households.
- Monthly egg expenditures in this income group averaged $6.23 in 2022.
- Egg prices have risen by 30% over the past year, impacting this demographic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly expenditures on eggs by U.S. households with annual income between $20,000 and $29,999.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the consumption patterns of lower-middle-income consumers, which is crucial for understanding the dynamics of the consumer goods market and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and industry analysts to understand the impact of economic conditions on the consumption behavior of lower-middle-income households.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay. There may be limitations in capturing the full scope of egg expenditures across different retail channels.
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Citation
U.S. Federal Reserve, Expenditures: Eggs by Income Before Taxes: $20,000 to $29,999 (CXU080110LB0206M), retrieved from FRED.