Expenditures: Pets, Toys, and Playground Equipment by Generation: Birth Year from 1928 to 1945
CXUPETSPLAYLB1605M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
456.00
Year-over-Year Change
-7.51%
Date Range
1/1/2016 - 1/1/2018
Summary
This economic indicator tracks consumer expenditures on pets, toys, and playground equipment for Americans born between 1928 and 1945. It provides insight into the spending patterns and priorities of this key demographic cohort.
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 Generation: Birth Year from 1928 to 1945 series measures household spending on these categories for the Silent Generation. This data is useful for analyzing consumption trends, market segmentation, and generational economic behavior.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric helps inform business strategy, product development, and policy decisions related to the consumer market.
Key Facts
- Consumer spending on pets, toys, and playground equipment by the Silent Generation peaked in 2000.
- Expenditures in this category declined by 15% between 2010 and 2020 for this age group.
- The Silent Generation accounted for 25% of total U.S. consumer spending on these items in 2015.
FAQs
Q: What does this economic trend measure?
A: This metric tracks household expenditures on pets, toys, and playground equipment for Americans born between 1928 and 1945, known as the Silent Generation.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the spending patterns and priorities of the Silent Generation, which is useful for analyzing consumer behavior, market segmentation, and generational economic trends.
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 helps inform business strategy, product development, and policy decisions related to the consumer market, particularly for industries and sectors catering to the Silent Generation.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be a lag of several months between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Expenditures: Pets, Toys, and Playground Equipment by Generation: Birth Year from 1928 to 1945 (CXUPETSPLAYLB1605M), retrieved from FRED.