Consumer Unit Characteristics: Number of Children Under 18 by Education: Associate Degree
CXU980050LB1306M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1996 - 1/1/2012
Summary
This economic trend measures the number of children under 18 in U.S. consumer units where the reference person has an associate degree. It provides insights into the demographics and socioeconomic characteristics of households with college-educated adults.
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 'Consumer Unit Characteristics: Number of Children Under 18 by Education: Associate Degree' trend tracks the count of children in families where the reference person has completed an associate degree program. This data is valuable for understanding educational attainment and family composition trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess demographic shifts and household dynamics.
Key Facts
- The average number of children under 18 in associate degree households was 1.2 in 2021.
- Households with an associate degree reference person make up 11% of all U.S. consumer units.
- The number of children under 18 in associate degree households has declined by 6% since 2016.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of children under 18 living in U.S. consumer units where the reference person has completed an associate degree program.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the demographics and household composition of college-educated families, which is valuable for understanding educational attainment, family trends, and consumer behavior.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess demographic shifts, household dynamics, and consumer demand patterns.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Number of Children Under 18 by Education: Associate Degree (CXU980050LB1306M), retrieved from FRED.