Income Before Taxes: Self-Employment Income by Race: White, Asian, and All Other Races, Not Including Black or African American
CXUSFEMPINCLB0902M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,280.00
Year-over-Year Change
130.77%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend tracks self-employment income before taxes for different racial groups in the United States, excluding Black or African American individuals. It provides insights into income disparities and economic opportunities across diverse populations.
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: Self-Employment Income by Race trend measures self-employment earnings for White, Asian, and all other racial groups, excluding Black or African American individuals. This data is useful for economists and policymakers to analyze income inequality, entrepreneurship, and the economic experiences of different racial communities.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
This trend informs discussions around economic policy, employment, and racial equity.
Key Facts
- Excludes Black or African American individuals from the data.
- Tracks income before taxes for self-employed workers.
- Provides insights into economic experiences across racial groups.
FAQs
Q: What does this economic trend measure?
A: This trend tracks self-employment income before taxes for White, Asian, and all other racial groups in the United States, excluding Black or African American individuals.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding income inequality, entrepreneurship, and the economic experiences of different racial communities in the U.S.
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 informs discussions around economic policy, employment, and racial equity.
Q: Are there update delays or limitations?
A: The data may have update delays due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Income Before Taxes: Self-Employment Income by Race: White, Asian, and All Other Races, Not Including Black or African American (CXUSFEMPINCLB0902M), retrieved from FRED.