Expenditures: Housekeeping Supplies by Housing Tenure: Homeowner with Mortgage
CXUHKPGSUPPLB1703M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
977.00
Year-over-Year Change
29.92%
Date Range
1/1/2003 - 1/1/2023
Summary
This economic trend measures household expenditures on housekeeping supplies by homeowners with mortgages. It provides insights into consumer behavior and spending patterns in the housing market.
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 Housing Tenure: Homeowner with Mortgage trend tracks the average monthly spending on items like cleaning products, paper goods, and other housekeeping supplies for homeowners who have a mortgage. This data is used by economists and policymakers to analyze consumer spending and household finances.
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 consumer behavior and spending patterns in the housing market, which can inform economic policy and business decisions.
Key Facts
- Homeowners with mortgages spend more on housekeeping supplies than renters.
- Housekeeping supply expenditures have remained relatively stable over the past decade.
- Spending on housekeeping supplies is influenced by factors like household size, income, and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on housekeeping supplies, such as cleaning products and paper goods, for homeowners with mortgages.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and household finances, which are important for understanding the housing market and overall economic conditions.
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 analyze consumer behavior and spending patterns in the housing market, which can inform economic policies and business decisions.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Expenditures: Housekeeping Supplies by Housing Tenure: Homeowner with Mortgage (CXUHKPGSUPPLB1703M), retrieved from FRED.