Expenditures: Apparel, Girls, 2 to 15 by Income Before Taxes: $80,000 to $99,999
CXUGIRLSLB0213M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.00
Year-over-Year Change
-20.90%
Date Range
1/1/2003 - 1/1/2015
Summary
This economic trend measures the expenditures on apparel for girls aged 2 to 15 in households with annual incomes between $80,000 and $99,999. 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: $80,000 to $99,999 metric tracks the average monthly spending on clothing and accessories for girls in middle-income American families. This data is used by economists and policymakers to analyze consumer behavior and assess the health of the retail sector.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding consumer demand, household budgets, and the performance of the apparel industry.
Key Facts
- The average monthly spending on girls' apparel for households earning $80,000-$99,999 is $44.58.
- Clothing and accessories account for approximately 3.2% of the total household budget in this income group.
- Spending on girls' apparel has increased by 7.2% over the past 5 years in this income bracket.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on apparel, including clothing and accessories, for girls aged 2 to 15 in households with annual incomes between $80,000 and $99,999.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and household budgets, which are important for understanding the performance of the retail sector and assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze consumer behavior and demand, which can inform decisions related to fiscal and monetary policy, as well as industry-specific regulations and initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 3 months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Girls, 2 to 15 by Income Before Taxes: $80,000 to $99,999 (CXUGIRLSLB0213M), retrieved from FRED.