Expenditures: Entertainment: Fees and Admissions by Region: Residence in the Northeast Census Region
CXUFEESADMLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,096.00
Year-over-Year Change
54.37%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures consumer expenditures on entertainment fees and admissions for residents in the Northeast Census Region of the United States. It provides insights into regional consumer behavior and discretionary spending patterns.
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: Entertainment: Fees and Admissions by Region: Residence in the Northeast Census Region metric tracks household spending on activities like concerts, sporting events, movies, and other entertainment in the Northeast region. This data helps economists and policymakers understand regional economic conditions and consumer preferences.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric is used to analyze consumer demand, gauge regional economic performance, and inform policy decisions.
Key Facts
- The Northeast region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Entertainment fees account for a significant portion of household budgets in the Northeast.
- Trends in this metric can signal changes in regional economic conditions and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures consumer expenditures on entertainment fees and admissions for residents in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional consumer behavior and discretionary spending patterns, which is useful for economists and policymakers analyzing economic conditions and consumer preferences.
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 metric is used to analyze consumer demand, gauge regional economic performance, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Expenditures: Entertainment: Fees and Admissions by Region: Residence in the Northeast Census Region (CXUFEESADMLB1102M), retrieved from FRED.