Expenditures: Entertainment: Fees and Admissions by Income Before Taxes: $30,000 to $39,999
CXUFEESADMLB0207M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
314.00
Year-over-Year Change
13.77%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures spending on entertainment fees and admissions by U.S. households earning $30,000 to $39,999 in annual income before taxes. Understanding consumer spending patterns in this income bracket provides insights into the economic health and preferences of the middle class.
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 Fees and Admissions category under Entertainment Expenditures tracks how much U.S. households in a specific income range spend on recreational activities like concerts, movies, and sporting events. This data offers a window into discretionary spending habits and can inform business and policy decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
Economists and market analysts use this indicator to assess consumer confidence and the strength of the middle-class economy.
Key Facts
- Includes spending on movie tickets, concert tickets, and other recreational fees.
- Data is collected quarterly and adjusted for seasonality.
- Households in the $30,000-$39,999 income range account for over 15% of U.S. population.
FAQs
Q: What does this economic trend measure?
A: This trend measures spending on entertainment fees and admissions by U.S. households earning $30,000 to $39,999 in annual income before taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the discretionary spending habits and economic health of the middle class, which is crucial for businesses and policymakers.
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: Economists and market analysts use this indicator to assess consumer confidence and the strength of the middle-class economy.
Q: Are there update delays or limitations?
A: The data is collected quarterly and adjusted for seasonality, with some potential for delay in publication.
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Citation
U.S. Federal Reserve, Expenditures: Entertainment: Fees and Admissions by Income Before Taxes: $30,000 to $39,999 (CXUFEESADMLB0207M), retrieved from FRED.