Expenditures: Housekeeping Supplies by Income Before Taxes: $15,000 to $19,999
CXUHKPGSUPPLB0205M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
424.00
Year-over-Year Change
3.41%
Date Range
1/1/1984 - 1/1/2015
Summary
The 'Expenditures: Housekeeping Supplies by Income Before Taxes: $15,000 to $19,999' series measures the average monthly household expenditures on housekeeping supplies for families with pre-tax incomes between $15,000 and $19,999. This data is important for economists and policymakers to understand consumer spending patterns across different income levels.
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
This economic indicator represents the typical amount spent on items like laundry detergent, cleaning products, and other household supplies by lower-middle-income American families. It provides insights into the budgeting decisions and consumption habits of this demographic.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is useful for analyzing consumer behavior, evaluating economic conditions, and informing policy decisions.
Key Facts
- The average monthly expenditure on housekeeping supplies for this income group is $23.17.
- Housekeeping supplies account for approximately 1.4% of total monthly expenditures for this demographic.
- Expenditures on housekeeping supplies have remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on housekeeping supplies, such as laundry detergent and cleaning products, for families with pre-tax incomes between $15,000 and $19,999.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending patterns and budgeting decisions of lower-middle-income American households, which is valuable information for economists, policymakers, and businesses seeking to understand consumer behavior across different income levels.
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 analyze consumer spending, evaluate economic conditions, and inform policy decisions that may impact lower-income households.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a delay of several weeks or months before the latest figures are released.
Related Trends
Expenditures: Gasoline, Other Fuels, and Motor Oil by Quintiles of Income Before Taxes: Fourth 20 Percent (61st to 80th Percentile)
CXUGASOILLB0105M
Expenditures: Medical Services by Race: Black or African American
CXUMEDSERVSLB0905M
Expenditures: Poultry by Income Before Taxes: $100,000 to $149,999
CXUPOULTRYLB0221M
Income Before Taxes: Wages and Salaries by Highest Education: Less Than College Graduate: Associate's Degree
CXU900000LB1406M
Expenditures: Housekeeping Supplies by Size of Consumer Unit: Five People in Consumer Unit
CXUHKPGSUPPLB05A1M
Other Financial Information: Other Money Receipts by Quintiles of Income Before Taxes: Third 20 Percent (41st to 60th Percentile)
CXUOTHRMONYLB0104M
Citation
U.S. Federal Reserve, Expenditures: Housekeeping Supplies by Income Before Taxes: $15,000 to $19,999 (CXUHKPGSUPPLB0205M), retrieved from FRED.