Expenditures: Household Operations: All Consumer Units
CXUHHOPERLB0101M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,985.00
Year-over-Year Change
76.92%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures household spending on operations, a key component of consumer expenditures. It provides insights into consumer behavior and the overall health of the economy.
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: Household Operations: All Consumer Units trend tracks monthly changes in the amount U.S. households spend on items like utilities, household supplies, and other operational costs. It is an important indicator of consumer demand and financial well-being.
Methodology
The data is collected through the Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
Policymakers and economists closely monitor this trend to assess consumer confidence and make informed decisions.
Key Facts
- Household operations account for about 17% of total consumer expenditures.
- Spending on household operations has remained relatively stable over the past decade.
- Utility costs are the largest component of household operations expenditures.
FAQs
Q: What does this economic trend measure?
A: The Expenditures: Household Operations: All Consumer Units trend measures monthly changes in the amount U.S. households spend on utilities, household supplies, and other operational costs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer behavior and the overall health of the economy, as household operations spending is a key component of total consumer expenditures.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess consumer confidence and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Expenditures: Household Operations: All Consumer Units (CXUHHOPERLB0101M), retrieved from FRED.