Expenditures: Food Away from Home by Number of Earners: Single Consumers, One Earner
CXUFOODAWAYLB0703M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,881.00
Year-over-Year Change
44.34%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the expenditures on food away from home for single-person households with one earner. It provides insights into consumer spending patterns and the cost of living for individuals.
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: Food Away from Home by Number of Earners: Single Consumers, One Earner' metric tracks the average monthly spending on meals outside the home for single-person households with one earner. This data point is useful for analyzing consumer behavior, household budgets, and changes in the cost of living.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and market analysts to understand consumer spending and inflation pressures.
Key Facts
- Average monthly food away from home expenditure for single-person, one-earner households.
- Trend provides insights into consumer behavior and cost of living for individuals.
- Data collected through household surveys by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on food consumed away from home for single-person households with one earner.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding consumer spending patterns, household budgets, and changes in the cost of living for individual consumers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this trend to monitor consumer spending, inflation pressures, and changes in the cost of living.
Q: Are there update delays or limitations?
A: The data is subject to the timely release of household survey results by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Expenditures: Food Away from Home by Number of Earners: Single Consumers, One Earner (CXUFOODAWAYLB0703M), retrieved from FRED.