Expenditures: Cash Contributions by Region: Residence in the Northeast Census Region
CXUCASHCONTLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,547.00
Year-over-Year Change
40.80%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures cash contributions by households residing in the Northeast census region of the United States. It provides insights into regional consumer spending patterns and household financial behavior.
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: Cash Contributions by Region: Residence in the Northeast Census Region metric tracks the average monthly dollar amount of cash contributions made by consumers living in the Northeast region. This data is used by economists and policymakers to analyze regional variations in household charitable giving and discretionary spending.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This regional cash contributions trend offers valuable context for assessing the state of consumer finances and economic conditions in the Northeast.
Key Facts
- The Northeast region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Cash contributions include charitable donations, cash gifts, and other financial transfers.
- Trends in this metric can signal changes in consumer confidence and willingness to spend in the Northeast.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly cash contributions made by households residing in the Northeast census region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This regional cash contributions metric provides insights into consumer spending patterns and household financial behavior in the Northeast, which is valuable for economists and policymakers analyzing 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: Trends in Northeast regional cash contributions can offer insights into consumer confidence and spending that inform economic policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the underlying Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Cash Contributions by Region: Residence in the Northeast Census Region (CXUCASHCONTLB1102M), retrieved from FRED.