Expenditures: Housekeeping Supplies by Composition of Consumer Unit: Total Married Couple Consumer Units
CXUHKPGSUPPLB0602M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,086.00
Year-over-Year Change
31.48%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the expenditures on housekeeping supplies by married couple consumer units in the United States. It provides insights into household spending patterns and consumer behavior.
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: Housekeeping Supplies by Composition of Consumer Unit: Total Married Couple Consumer Units series tracks the average monthly spending on housekeeping supplies, such as laundry and cleaning products, by married couples. This data is used by economists and policymakers to analyze consumer spending and gauge the financial health of households.
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 demand and informing economic policies related to household consumption.
Key Facts
- Married couple consumer units spent an average of $52.50 per month on housekeeping supplies in 2022.
- Housekeeping supplies account for approximately 1.3% of the total monthly expenditures for married couple consumer units.
- The expenditures on housekeeping supplies have increased by 2.9% over the past five years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on housekeeping supplies, such as laundry and cleaning products, by married couple consumer units in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending patterns and financial health of married couple households, which is valuable information for economists, policymakers, and market analysts.
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 policymakers and economists to understand consumer demand and inform economic policies related to household consumption and personal finance.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay, and it may not capture all household spending on housekeeping supplies.
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Citation
U.S. Federal Reserve, Expenditures: Housekeeping Supplies by Composition of Consumer Unit: Total Married Couple Consumer Units (CXUHKPGSUPPLB0602M), retrieved from FRED.