Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Region: Residence in the Northeast Census Region
CXUOTHREGINLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326.00
Year-over-Year Change
-58.84%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures income before taxes, including unemployment and workers' compensation, veterans' benefits, and regular contributions, for individuals residing in the Northeast Census Region of the United States.
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 Northeast Census Region is one of the four major Census regions in the U.S. and includes the states of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. This data series provides insights into the economic well-being and financial security of individuals in the Northeast.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is used by economists, policymakers, and market analysts to understand regional economic conditions and inform decision-making.
Key Facts
- The Northeast Census Region accounts for approximately 18% of the U.S. population.
- Incomes in the Northeast tend to be higher than the national average.
- Veterans' benefits make up a significant portion of income in the Northeast.
FAQs
Q: What does this economic trend measure?
A: This trend measures income before taxes, including unemployment and workers' compensation, veterans' benefits, and regular contributions, for individuals residing in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the economic well-being and financial security of individuals in the Northeast region, which is important for understanding regional economic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to understand regional economic conditions and inform decision-making.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and limitations of the Current Population Survey.
Related Trends
Expenditures: Drugs: Prescription and Nonprescription by Region: Residence in the Northeast Census Region
CXUDRUGSLB1102M
New Privately Owned Housing Completions by Number of Units in Building, 5 to 9 Units in the Northeast Census Region
COMPOB59UMNEQ
Homeownership Rate in the Northeast Census Region
RHORNEQ156N
Business Applications: Total for All NAICS in Northeast Census Region
BABATOTALSANO
Expenditures: Apparel, Girls, 2 to 15 by Region: Residence in the Northeast Census Region
CXUGIRLSLB1102M
New Houses Sold by Sales Price Between $400,000 and $499,999 in the Northeast Census Region
NHSNESP40T49A
Citation
U.S. Federal Reserve, Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Region: Residence in the Northeast Census Region (CXUOTHREGINLB1102M), retrieved from FRED.