Expenditures: Household Textiles by Region: Residence in the Northeast Census Region
CXUHHTXTILELB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.00
Year-over-Year Change
9.26%
Date Range
1/1/1984 - 1/1/2022
Summary
This economic trend measures household spending on textiles in the Northeast census region of the United States. It provides insights into consumer demand and regional economic patterns.
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 Household Textiles by Region: Residence in the Northeast Census Region data series tracks monthly consumer expenditures on textile products in households located in the Northeastern United States. This metric is used by economists and policymakers to analyze regional consumption trends and make informed decisions.
Methodology
The data is collected through surveys of U.S. households and calculated as total monthly textile spending in the Northeast region.
Historical Context
This economic indicator helps inform policy decisions and business strategies related to the textile industry and regional consumer markets.
Key Facts
- Household textile spending in the Northeast was $X.XX billion in the most recent month.
- This trend has increased/decreased by Y% over the past Z months.
- The Northeast accounts for approximately A% of total U.S. household textile expenditures.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly consumer spending on textile products in households located in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional consumption patterns and helps inform economic policy decisions and business strategies related to the textile industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and calculated as total monthly textile spending in the Northeast region.
Q: How is this trend used in economic policy?
A: This economic indicator helps policymakers and analysts understand regional consumer demand and make informed decisions about the textile industry and related markets.
Q: Are there update delays or limitations?
A: The data is published monthly, with a delay of approximately X weeks. There may be limitations in sample size or regional coverage.
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Citation
U.S. Federal Reserve, Expenditures: Household Textiles by Region: Residence in the Northeast Census Region (CXUHHTXTILELB1102M), retrieved from FRED.