Consumer Unit Characteristics: Percent Homeowner with Mortgage by Occupation: All Other, Including Not Reporting
CXU980230LB1210M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
-20.00%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the percentage of consumer units with a mortgage, where the reference person is employed in an occupation other than the major categories.
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 various socioeconomic and demographic attributes of U.S. consumer units. This specific series focuses on the share of homeowners with a mortgage, excluding the major occupation categories.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric provides insight into housing and mortgage trends among diverse occupations.
Key Facts
- The series covers all consumer units excluding major occupation categories.
- Homeownership rates can vary significantly by occupation and industry.
- Mortgage data offers insights into household finances and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of consumer units where the reference person is employed in an occupation other than the major categories and has a mortgage on their home.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into housing and mortgage trends across a diverse range of occupations, which can be useful for understanding household finances, consumer behavior, and economic conditions.
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: Policymakers and analysts can use this data to evaluate housing and mortgage market conditions, as well as to understand the financial well-being of households across different occupations.
Q: Are there update delays or limitations?
A: The Consumer Expenditure Survey data is released on a quarterly basis, so there may be some delay in the availability of the most recent figures.
Related Trends
Expenditures: Food Away from Home by Hispanic or Latino Origin: Hispanic or Latino
CXUFOODAWAYLB1002M
Expenditures: Apparel, Children Under 2 by Highest Education: College Graduate: Master's, Professional, Doctoral Degree
CXUINFANTLB1409M
Expenditures: Other Lodging by Income Before Taxes: $150,000 and over
CXUOTHLODGELB0217M
Expenditures: Tobacco Products and Smoking Supplies by Size of Consumer Unit: Three People in Consumer Unit
CXUTOBACCOLB0505M
Expenditures: Apparel, Children Under 2 by Highest Education: Less Than College Graduate: High School Graduate with Some College
CXUINFANTLB1405M
Expenditures: Apparel, Women and Girls by Highest Education: College Graduate: Bachelor's Degree
CXUWMNSGRLSLB1408M
Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Homeowner with Mortgage by Occupation: All Other, Including Not Reporting (CXU980230LB1210M), retrieved from FRED.