Expenditures: Other Apparel Products and Services by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American
CXUOTHAPPRLLB1004M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
273.00
Year-over-Year Change
20.26%
Date Range
1/1/2003 - 1/1/2023
Summary
This economic trend measures consumer expenditures on other apparel products and services by non-Hispanic or Latino White and all other racial groups, excluding Black or African American individuals.
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 data represents a key component of consumer spending and provides insights into the economic behaviors and preferences of different racial and ethnic groups in the United States.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is useful for analyzing consumer demand and informing policymaking.
Key Facts
- This trend excludes Black or African American individuals.
- Expenditures on other apparel products and services can indicate consumer preferences.
- The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
FAQs
Q: What does this economic trend measure?
A: This trend measures consumer expenditures on other apparel products and services by non-Hispanic or Latino White and all other racial groups, excluding Black or African American individuals.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the consumer spending patterns and economic behaviors of different racial groups, which can inform policymaking and market analysis.
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 can be used to analyze consumer demand, identify market opportunities, and inform policymaking related to racial and ethnic economic disparities.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Other Apparel Products and Services by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American (CXUOTHAPPRLLB1004M), retrieved from FRED.