Expenditures: Apparel, Girls, 2 to 15 by Education: Total, College Graduate
CXUGIRLSLB1307M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.00
Year-over-Year Change
-2.68%
Date Range
1/1/1995 - 1/1/2012
Summary
This economic trend measures monthly consumer expenditures on apparel for girls aged 2 to 15 from households where the head of household has a college degree. It provides insights into the spending patterns of educated families.
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 Education: Total, College Graduate trend tracks the average monthly household spending on girls' clothing for families where the head of household has completed a college education. This data helps economists and policymakers understand the consumption habits of higher-income households.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is useful for analyzing consumer demand, retail industry performance, and the economic well-being of educated families.
Key Facts
- This trend has been measured since 1984.
- Spending on girls' apparel accounts for approximately 2% of total household expenditures.
- The data is reported on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on apparel for girls aged 2 to 15 from families where the head of household has a college degree.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the consumption patterns of higher-income households, which is useful for understanding consumer demand, retail industry performance, and the economic well-being of educated families.
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 by economists and policymakers to analyze consumer spending, particularly among higher-income and educated households, which can inform decisions related to economic policy, retail industry regulation, and family welfare.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Girls, 2 to 15 by Education: Total, College Graduate (CXUGIRLSLB1307M), retrieved from FRED.