Expenditures: Apparel, Men and Boys by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American
CXUMENBOYSLB1004M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
523.00
Year-over-Year Change
31.08%
Date Range
1/1/2003 - 1/1/2023
Summary
This economic trend measures household expenditures on men's and boys' apparel by Hispanic or Latino origin, excluding Black or African American households. It provides insights into consumer spending patterns and preferences within a key demographic.
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, Men and Boys by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American series tracks consumer spending on men's and boys' clothing and accessories for non-Hispanic white and other non-Black racial groups. This data is useful for analyzing market segmentation and understanding consumption habits.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for businesses, policymakers, and economists studying consumer behavior and retail market dynamics.
Key Facts
- This trend excludes Black or African American households.
- Data is collected through the Consumer Expenditure Survey.
- Useful for analyzing market segmentation and consumption habits.
FAQs
Q: What does this economic trend measure?
A: This trend measures household expenditures on men's and boys' apparel for non-Hispanic white and other non-Black racial groups.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and preferences within a key demographic, which is useful for businesses, policymakers, and economists studying consumer behavior and retail market dynamics.
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 relevant for understanding consumer behavior and retail market dynamics, which can inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Men and Boys by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American (CXUMENBOYSLB1004M), retrieved from FRED.