Consumer Unit Characteristics: Percent College by Generation: Birth Year from 1946 to 1964
CXU980310LB1604M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.00
Year-over-Year Change
6.35%
Date Range
1/1/2016 - 1/1/2023
Summary
This economic trend measures the percentage of college graduates among the 'Baby Boomer' generation, those born between 1946 and 1964. It provides insights into educational attainment and human capital within a key demographic.
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: Percent College by Generation' series tracks the share of college graduates within specific birth year cohorts. This metric is useful for economists and policymakers to analyze trends in educational achievement and its relationship to economic factors.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend can inform workforce development, educational policy, and analyses of economic mobility.
Key Facts
- The percent of college graduates among Baby Boomers was 27.7% in 2021.
- Educational attainment has increased over time, with later Boomer cohorts more likely to have a college degree.
- The Baby Boomer generation accounts for a significant portion of the U.S. population and labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of college graduates within the 'Baby Boomer' generation, those born between 1946 and 1964.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into educational attainment and human capital within a key demographic, which can inform economic and policy 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.
Q: How is this trend used in economic policy?
A: This trend can inform workforce development, educational policy, and analyses of economic mobility.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent College by Generation: Birth Year from 1946 to 1964 (CXU980310LB1604M), retrieved from FRED.