Consumer Unit Characteristics: Percent Hispanic or Latino by Income Before Taxes: $100,000 and over
CXU980285LB0214M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
33.33%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the percentage of consumer units with incomes of $100,000 or more that identify as Hispanic or Latino. It provides insights into the demographic composition of high-income households in the United States.
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 Expenditure Survey (CE) collects data on the characteristics and spending patterns of American consumers. This specific series tracks the share of consumer units with annual incomes over $100,000 that report Hispanic or Latino ethnicity, offering a perspective on diversity within high-income populations.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for economists and policymakers studying income distribution, consumer behavior, and demographic trends.
Key Facts
- The share of high-income consumer units that are Hispanic or Latino has increased over time.
- Household demographics vary significantly by income level in the United States.
- Tracking diversity among high-earners can inform policy and business decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of consumer units with incomes of $100,000 or more that identify as Hispanic or Latino in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the demographic composition of high-income households, which is relevant for understanding consumer behavior, income distribution, and diversity trends.
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 surveys American households.
Q: How is this trend used in economic policy?
A: Policymakers and economists may use this trend to analyze income inequality, consumer spending patterns, and demographic shifts among high-income populations.
Q: Are there update delays or limitations?
A: The Consumer Expenditure Survey data is published with a lag, and the series may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Hispanic or Latino by Income Before Taxes: $100,000 and over (CXU980285LB0214M), retrieved from FRED.