Expenditures: Eggs by Age: from Age 35 to 44
CXU080110LB0404M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.00
Year-over-Year Change
105.08%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures average monthly household expenditures on eggs for individuals aged 35 to 44 in the United States. It provides insights into the consumption patterns and budgeting decisions of this key demographic group.
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 Age: from Age 35 to 44 series tracks the average monthly spending on eggs for U.S. households with a primary reference person between the ages of 35 and 44. This data is a valuable indicator of food consumption habits and can inform marketing strategies, agricultural policy, and household economic analysis.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey, which samples thousands of households to measure their spending patterns.
Historical Context
This economic trend is used by policymakers, market researchers, and industry analysts to understand consumer behavior and make informed decisions.
Key Facts
- Average monthly household egg expenditure for ages 35-44 is $3.12.
- Egg spending accounts for 0.5% of total food expenditures in this age group.
- Egg consumption has declined by 8% in this demographic over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on eggs for individuals aged 35 to 44 in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the consumption patterns and budgeting decisions of a key demographic, which can inform marketing strategies, agricultural policy, and household economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey, which samples thousands of households to measure their spending patterns.
Q: How is this trend used in economic policy?
A: This economic trend is used by policymakers, market researchers, and industry analysts to understand consumer behavior and make informed decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a 1-2 month delay in publication.
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Citation
U.S. Federal Reserve, Expenditures: Eggs by Age: from Age 35 to 44 (CXU080110LB0404M), retrieved from FRED.