Expenditures: Apparel, Girls, 2 to 15 by Composition of Consumer Unit: Married Couple with Children, Oldest Child 6 to 17
CXUGIRLSLB0606M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
406.00
Year-over-Year Change
-1.22%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures spending on apparel for girls aged 2 to 15 in households with married couples and children, where the oldest child is between 6 and 17 years old. It provides insights into consumer behavior 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 Composition of Consumer Unit: Married Couple with Children, Oldest Child 6 to 17 series tracks spending on clothing, footwear, and related items for young female consumers within specific household types. This data is useful for understanding consumer demand, market trends, and the economic well-being of families.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for businesses, policymakers, and analysts interested in consumer spending patterns and the state of the retail apparel market.
Key Facts
- The data is measured in inflation-adjusted dollars.
- Spending on girls' apparel accounts for a significant portion of household budgets.
- Trends in this data can indicate changes in consumer preferences and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures spending on apparel, including clothing, footwear, and related items, for girls aged 2 to 15 in households with married couples and children, where the oldest child is between 6 and 17 years old.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer behavior and household budgets, which are important for understanding market dynamics, consumer demand, and the economic well-being of families.
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 relevant for businesses, policymakers, and analysts interested in consumer spending patterns and the state of the retail apparel market.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Girls, 2 to 15 by Composition of Consumer Unit: Married Couple with Children, Oldest Child 6 to 17 (CXUGIRLSLB0606M), retrieved from FRED.