Expenditures: Apparel, Boys, 2 to 15 by Quintiles of Income Before Taxes: Fourth 20 Percent (61st to 80th Percentile)
CXUBOYSLB0105M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.00
Year-over-Year Change
91.36%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures expenditures on apparel for boys aged 2 to 15 years old in households in the fourth income quintile (61st to 80th percentile). It provides insights into consumer spending patterns and household budgeting within a specific 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 Expenditures: Apparel, Boys, 2 to 15 by Quintiles of Income Before Taxes: Fourth 20 Percent data series tracks spending on boys' clothing for families in the middle-income range. It is used by economists and policymakers to analyze consumer behavior, household finances, and trends in the retail sector.
Methodology
This data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
Trends in boys' apparel spending can inform decisions around fiscal, monetary, and trade policies affecting the retail industry.
Key Facts
- Data is collected quarterly through the Consumer Expenditure Survey.
- Spending on boys' apparel accounts for a significant portion of household budgets.
- Trends in this metric can signal changes in consumer confidence and retail demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures expenditures on apparel for boys aged 2 to 15 years old in households in the fourth income quintile (61st to 80th percentile).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and household budgeting within a specific demographic, which is useful for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: Trends in boys' apparel spending can inform decisions around fiscal, monetary, and trade policies affecting the retail industry.
Q: Are there update delays or limitations?
A: The data is collected quarterly, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Boys, 2 to 15 by Quintiles of Income Before Taxes: Fourth 20 Percent (CXUBOYSLB0105M), retrieved from FRED.