Expenditures: Apparel, Children Under 2 by Type of Area: Urban
CXUINFANTLB1802M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
-26.32%
Date Range
1/1/1984 - 1/1/2020
Summary
This economic trend measures the monthly expenditures on apparel for children under 2 years old living in urban areas of the United States. It provides valuable insights into consumer spending patterns and the state of the retail sector.
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 Type of Area: Urban metric is a key indicator of consumer demand and economic activity. It tracks the spending habits of families with young children, a crucial demographic for many industries.
Methodology
The data is collected through consumer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and businesses to monitor the health of the retail industry and assess consumer confidence.
Key Facts
- Apparel is a key component of household budgets for families with young children.
- Urban areas typically have higher consumer spending on children's apparel compared to rural areas.
- Trends in this metric can signal changes in consumer confidence and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly expenditures on apparel for children under 2 years old living in urban areas of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer spending patterns and the health of the retail sector, which is a crucial indicator of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and businesses to monitor the health of the retail industry and assess consumer confidence.
Q: Are there update delays or limitations?
A: The data is released monthly with minimal delays, providing timely insights into consumer spending patterns.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Children Under 2 by Type of Area: Urban (CXUINFANTLB1802M), retrieved from FRED.