Expenditures: Pets, Toys, and Playground Equipment by Highest Education: Less Than College Graduate: High School Graduate
CXUPETSPLAYLB1404M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
626.00
Year-over-Year Change
36.98%
Date Range
1/1/2012 - 1/1/2023
Summary
This economic trend measures household expenditures on pets, toys, and playground equipment by individuals with a high school education or less. It provides insights into consumer spending patterns and economic well-being for this 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: Pets, Toys, and Playground Equipment by Highest Education: Less Than College Graduate: High School Graduate' series tracks consumer spending on a range of discretionary goods, offering a window into the financial health and priorities of households without a college degree.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric is useful for policymakers and economists analyzing consumer behavior and the economic conditions of lower-income households.
Key Facts
- This metric tracks discretionary spending by lower-income households.
- Spending on pets, toys, and playground equipment can indicate financial health and consumer confidence.
- 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 household expenditures on pets, toys, and playground equipment by individuals with a high school education or less.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and spending patterns of lower-income households, which is useful for policymakers and economists analyzing consumer behavior and economic conditions.
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 metric is used by policymakers and economists to analyze consumer behavior and the economic conditions of lower-income households, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the underlying Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Pets, Toys, and Playground Equipment by Highest Education: Less Than College Graduate: High School Graduate (CXUPETSPLAYLB1404M), retrieved from FRED.