Income Before Taxes: Regular Contributions for Support by Occupation: Total Wage and Salary Earners
CXUREGCONTLB1203M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
291.00
Year-over-Year Change
-2.02%
Date Range
1/1/1984 - 1/1/2012
Summary
This economic trend measures income before taxes and regular contributions for support by occupation for total wage and salary earners in the United States. It provides important insights into household income and spending patterns.
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 Occupation: Total Wage and Salary Earners trend tracks disposable income levels among U.S. workers, excluding taxes and certain support payments. This data is used by economists to analyze consumer behavior and the overall health of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and financial analysts to gauge economic conditions and consumer spending.
Key Facts
- Measures income before taxes and support payments for all U.S. wage and salary workers.
- Provides insights into disposable income and consumer spending patterns.
- Data collected through U.S. Census Bureau household surveys.
FAQs
Q: What does this economic trend measure?
A: This trend measures income before taxes and regular contributions for support by occupation for total wage and salary earners in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into household income and spending patterns, which are closely monitored by economists and policymakers.
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 trend is closely monitored by policymakers and financial analysts to gauge economic conditions and consumer spending.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Census Bureau, with some potential for minor delays or revisions.
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Citation
U.S. Federal Reserve, Income Before Taxes: Regular Contributions for Support by Occupation: Total Wage and Salary Earners (CXUREGCONTLB1203M), retrieved from FRED.