Consumer Unit Characteristics: Percent Men Reference Persons by Income Before Taxes: Total Complete Income Reporters
CXU980210LB02A2M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.00
Year-over-Year Change
-21.54%
Date Range
1/1/1984 - 1/1/2003
Summary
This economic trend measures the percentage of men who are the reference persons in consumer units, across various income levels before taxes. It provides insights into the gender composition of household decision-makers.
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 data tracks the characteristics of consumer units, which are essentially households, based on factors like income, expenditures, and demographic attributes. This specific series looks at the percentage of men who are designated as the reference person, or the primary decision-maker, within each income group.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is useful for economists and policymakers to understand the gender dynamics within households across different income levels.
Key Facts
- The data covers consumer units across the entire income spectrum.
- The percentage of men as reference persons tends to increase with higher incomes.
- This trend provides insights into household decision-making dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of men who are designated as the reference person, or primary decision-maker, within consumer units across different income levels before taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the gender composition of household decision-makers, which is useful for economists and policymakers to understand the dynamics within households across different income groups.
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 can inform economists and policymakers about the gender dynamics within households, which may be relevant for policies related to consumer spending, income distribution, and household economics.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Labor Statistics, but there may be typical update delays associated with survey data collection and processing.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Men Reference Persons by Income Before Taxes: Total Complete Income Reporters (CXU980210LB02A2M), retrieved from FRED.