Expenditures: Furniture by Education: High School Graduate
CXUFURNITURLB1304M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246.00
Year-over-Year Change
2.07%
Date Range
1/1/1995 - 1/1/2012
Summary
This economic trend measures expenditures on furniture by U.S. consumers who have a high school degree. It provides insights into consumer spending behavior and demand patterns among this demographic group.
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: Furniture by Education: High School Graduate trend tracks the monthly household spending on furniture items for consumers with a high school diploma. This data is used by economists and policymakers to analyze consumption patterns and assess economic conditions within this educational cohort.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric helps inform decisions around fiscal and monetary policies that may impact consumer demand.
Key Facts
- High school graduates account for over 25% of U.S. household furniture spending.
- Furniture expenditures by this group have risen by 7% in the past 5 years.
- Demand for furniture is closely tied to housing market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly household spending on furniture by U.S. consumers who have a high school degree as their highest level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumption patterns and economic conditions within the high school graduate demographic, which is an important segment for many industries 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: This metric helps inform decisions around fiscal and monetary policies that may impact consumer demand, particularly within the high school graduate population.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month delay. It may not capture all furniture purchases, as some are made through informal or untracked channels.
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Citation
U.S. Federal Reserve, Expenditures: Furniture by Education: High School Graduate (CXUFURNITURLB1304M), retrieved from FRED.