Expenditures: Apparel, Children Under 2 by Education: Less Than High School Graduate
CXUINFANTLB1303M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.00
Year-over-Year Change
1.52%
Date Range
1/1/1995 - 1/1/2012
Summary
This economic trend measures monthly consumer expenditures on apparel for children under 2 years old in households where the primary reference person has less than a high school education. It provides insights into the spending patterns of lower-income families with young children.
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: Apparel, Children Under 2 by Education: Less Than High School Graduate series is a key indicator of consumer demand and household financial well-being among a vulnerable demographic. Economists and policymakers analyze this data to understand the spending behaviors and economic challenges faced by low-income families with infants and toddlers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is used to inform policies and programs targeting child poverty and family financial security.
Key Facts
- Spending on children's apparel is a major household expense for low-income families.
- Families with less than a high school education have significantly lower incomes on average.
- Trends in this data can signal changes in the financial well-being of vulnerable households.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly consumer expenditures on apparel for children under 2 years old in households where the primary reference person has less than a high school education.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending patterns and financial challenges faced by low-income families with young children, which is crucial for informing policies and programs targeting child poverty and family financial security.
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 to inform policies and programs targeting child poverty and family financial security.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Children Under 2 by Education: Less Than High School Graduate (CXUINFANTLB1303M), retrieved from FRED.