Income Before Taxes: Regular Contributions for Support by Region: Residence in the Northeast Census Region
CXUREGCONTLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
343.00
Year-over-Year Change
48.48%
Date Range
1/1/1984 - 1/1/2012
Summary
This economic trend measures regular contributions for support by individuals residing in the Northeast census region of the United States. It provides insights into income and financial transfers within this geographic area.
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 'Income Before Taxes: Regular Contributions for Support by Region: Residence in the Northeast Census Region' series tracks the dollar value of regular payments made to individuals living in the Northeast for their financial support. This data is useful for analyzing regional economic activity and household income dynamics.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
This economic indicator can inform policymakers and economists about regional income trends and patterns of financial support within the Northeast.
Key Facts
- The Northeast census region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Regular contributions for support can include alimony, child support, and other recurring financial assistance.
- This data series dates back to 1959 and is updated monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of regular contributions for financial support received by individuals residing in the Northeast census region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional income dynamics and patterns of financial assistance within the Northeast, which can inform policymaking and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator can help policymakers and economists understand regional income trends and the role of financial transfers within the Northeast, which can inform policy decisions.
Q: Are there update delays or limitations?
A: This data series is updated monthly by the U.S. Census Bureau, with minimal delays.
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Citation
U.S. Federal Reserve, Income Before Taxes: Regular Contributions for Support by Region: Residence in the Northeast Census Region (CXUREGCONTLB1102M), retrieved from FRED.