Expenditures: Household Operations by Number of Earners: Consumer Units of Two or More People, Two Earners
CXUHHOPERLB0706M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,828.00
Year-over-Year Change
73.18%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the household operations expenditures by consumer units with two or more people and two earners. It provides insights into the spending habits and financial behaviors of dual-income households.
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 Number of Earners data series tracks the average monthly spending on household operations, such as utilities, household supplies, and other maintenance costs, for consumer units with two or more members and two income earners. This metric is useful for analyzing the financial dynamics and consumption patterns of dual-income families.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and market analysts to understand the financial well-being and spending behaviors of a key demographic segment.
Key Facts
- This trend measures the average monthly household operations expenditures for consumer units with two or more people and two earners.
- Dual-income households typically have higher total incomes but also face unique financial challenges and spending patterns.
- The data is collected through the Consumer Expenditure Survey, a comprehensive source of information on American consumer behavior.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on household operations, such as utilities, household supplies, and maintenance, for consumer units with two or more people and two earners.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial behaviors and spending patterns of dual-income households, which is a key demographic for policymakers, economists, and market analysts to understand.
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 used by policymakers, economists, and market analysts to understand the financial well-being and consumption habits of dual-income households, which can inform economic policies and market strategies.
Q: Are there update delays or limitations?
A: The Consumer Expenditure Survey data, which this trend is based on, is typically published with a delay of several months. Additionally, the survey methodology and sample size may have some limitations in capturing the full complexity of household expenditures.
Related Trends
Income Before Taxes: Income Before Taxes by Age: from Age 65 to 74
CXUINCBEFTXLB0408M
Expenditures: Other Vehicle Purchases by Housing Tenure: Homeowner with Mortgage
CXUOTHVEHCLLB1703M
Expenditures: Fresh Milk and Cream by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American
CXUMILKCRMLB1004M
Expenditures: Apparel, Men, 16 and over by Composition of Consumer Unit: Married Couple with Children, Oldest Child 6 to 17
CXUMENSLB0606M
Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Deciles of Income Before Taxes: Ninth 10 Percent (81st to 90th Percentile)
CXUWELFARELB1510M
Expenditures: Apparel, Men, 16 and over by Income Before Taxes: Less Than $5,000
CXUMENSLB0202M
Citation
U.S. Federal Reserve, Expenditures: Household Operations by Number of Earners: Consumer Units of Two or More People, Two Earners (CXUHHOPERLB0706M), retrieved from FRED.