Expenditures: Apparel, Girls, 2 to 15 by Generation: Birth Year from 1928 to 1945
CXUGIRLSLB1605M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-68.57%
Date Range
1/1/2016 - 1/1/2018
Summary
This economic trend measures average annual expenditures on apparel for girls aged 2 to 15 by generation, specifically those born between 1928 and 1945. It provides insights into consumer spending patterns and generational differences in apparel consumption.
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 Generation: Birth Year from 1928 to 1945' trend tracks the average annual spending on girls' apparel for individuals born between 1928 and 1945. This data is used by economists and policymakers to analyze changes in consumer behavior and preferences across generations.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for understanding shifts in consumer demand and informing marketing strategies within the apparel industry.
Key Facts
- The data covers expenditures for girls aged 2 to 15.
- Generations included are those born between 1928 and 1945.
- The data is collected through the Consumer Expenditure Survey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average annual expenditures on apparel for girls aged 2 to 15 by generation, specifically those born between 1928 and 1945.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into generational differences in consumer spending patterns and preferences within the apparel industry, which is valuable for marketers, retailers, and economists.
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 shifts in consumer demand and inform marketing strategies within the apparel industry.
Q: Are there update delays or limitations?
A: The data is subject to the update 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 Generation: Birth Year from 1928 to 1945 (CXUGIRLSLB1605M), retrieved from FRED.