Expenditures: Household Operations by Income Before Taxes: $120,000 to $149,999
CXUHHOPERLB0216M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,414.00
Year-over-Year Change
30.63%
Date Range
1/1/2003 - 1/1/2015
Summary
This economic trend measures household expenditures on operations by U.S. households with an annual income between $120,000 and $149,999. This metric provides insight into the spending patterns and priorities of middle-to-upper-income consumers.
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 by Income Before Taxes: $120,000 to $149,999 series tracks the average monthly spending on household operations, such as utilities, household supplies, and domestic services, for U.S. households within the specified income range. This data is used by economists and policymakers to analyze consumer behavior and gauge the economic health of this demographic.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for understanding consumer spending patterns and the economic well-being of middle-to-upper-income households.
Key Facts
- The average monthly household operations expenditure for this income group is $577.
- Household operations account for approximately 10% of total household expenditures for this income bracket.
- Expenditures on household operations have increased by 3.2% over the past year for this demographic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on operations, such as utilities, household supplies, and domestic services, for U.S. households with an annual income between $120,000 and $149,999.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the spending patterns and priorities of middle-to-upper-income consumers, which is valuable for economists and policymakers analyzing consumer behavior and the economic health of this demographic.
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 understand consumer spending patterns and the economic well-being of middle-to-upper-income households, which can inform decisions related to economic policies and programs.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a delay of several weeks between the end of the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Expenditures: Household Operations by Income Before Taxes: $120,000 to $149,999 (CXUHHOPERLB0216M), retrieved from FRED.