Expenditures: Pets, Toys, and Playground Equipment: All Consumer Units
CXUPETSPLAYLB0101M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,057.00
Year-over-Year Change
67.51%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures consumer spending on pets, toys, and playground equipment in the United States. It provides insight into household budgeting and consumer demand for recreational goods.
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: Pets, Toys, and Playground Equipment: All Consumer Units trend represents the average monthly household expenditures on these discretionary items. It is a useful indicator of consumer confidence and spending patterns.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric is closely watched by policymakers and market analysts to assess the health of the consumer economy.
Key Facts
- Spending on pets, toys, and playground equipment represents about 3% of total U.S. household expenditures.
- This category of spending tends to be more elastic and responsive to changes in consumer confidence.
- Trends in this data can signal shifts in household priorities and discretionary income.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on pets, toys, and playground equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and household budgeting priorities, which are important signals for policymakers and market analysts.
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: Trends in this data are closely watched by policymakers and market analysts to assess the health of the consumer economy and gauge changes in discretionary spending.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be lags in reporting and potential limitations in sampling or self-reported household expenditures.
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Citation
U.S. Federal Reserve, Expenditures: Pets, Toys, and Playground Equipment: All Consumer Units (CXUPETSPLAYLB0101M), retrieved from FRED.