Expenditures: Household Operations by Region: Residence in the Northeast Census Region
CXUHHOPERLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,323.00
Year-over-Year Change
83.35%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures household expenditures on operations, such as utilities and household services, for residents in the Northeast Census Region of the United States. It provides insights into consumer spending patterns and regional economic activity.
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 Region: Residence in the Northeast Census Region metric tracks monthly changes in household spending on operations within the Northeastern United States. This data is used by economists and policymakers to analyze regional consumer behavior and its impact on the broader economy.
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 understanding regional economic trends and informing policy decisions.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Household operations expenditures include utilities, household cleaning products, and other home maintenance costs.
- This metric is seasonally adjusted to account for fluctuations in consumer spending throughout the year.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly changes in household expenditures on operations, such as utilities and household services, for residents in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional consumer spending patterns and can inform economic analysis and policy decisions.
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 economists and policymakers to understand regional economic activity and consumer behavior, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to regular updates from the U.S. Bureau of Labor Statistics, but there may be some delay in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Expenditures: Household Operations by Region: Residence in the Northeast Census Region (CXUHHOPERLB1102M), retrieved from FRED.