Expenditures: Apparel, Girls, 2 to 15 by Income Before Taxes: $70,000 to $79,999
CXUGIRLSLB0212M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.00
Year-over-Year Change
-66.07%
Date Range
1/1/2003 - 1/1/2015
Summary
This economic trend tracks girls' apparel expenditures for families with incomes of $70,000 to $79,999 before taxes. It provides insights into consumer spending patterns and household budgets.
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: Apparel, Girls, 2 to 15 by Income Before Taxes: $70,000 to $79,999 series measures the average monthly expenditures on girls' clothing and accessories for households in the specified income range. This data helps economists and policymakers understand changes in consumer demand and the impacts of income levels on family budgets.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is used to analyze consumer spending behavior and inform policy decisions related to the retail sector and household finances.
Key Facts
- The average monthly expenditure on girls' apparel for families with incomes of $70,000 to $79,999 is $57.39.
- Apparel spending accounts for approximately 3.4% of the total monthly budget for households in this income range.
- Girls' apparel expenditures have increased by 8.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on clothing and accessories for girls aged 2 to 15 in households with incomes between $70,000 and $79,999 before taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and the allocation of household budgets, which is valuable for economists, retailers, 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 trend is used to analyze consumer demand, inform retail strategies, and understand the impacts of income levels on household finances and budgets.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Girls, 2 to 15 by Income Before Taxes: $70,000 to $79,999 (CXUGIRLSLB0212M), retrieved from FRED.