Expenditures: Sugar and Other Sweets: All Consumer Units

CXUSWEETSLB0101M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

239.00

Year-over-Year Change

65.97%

Date Range

1/1/1984 - 1/1/2023

Summary

This economic trend measures consumer expenditures on sugar and other sweet products by all U.S. households. It is a key indicator of consumer spending patterns and demand for certain food items.

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: Sugar and Other Sweets: All Consumer Units metric tracks monthly consumer spending on sugar, honey, and other sweet foods and ingredients. This data helps economists and policymakers understand changes in household consumption habits and purchasing power.

Methodology

The U.S. Bureau of Labor Statistics collects this data through its ongoing Consumer Expenditure Survey.

Historical Context

Trends in sugar and sweets expenditures can provide insights into consumer behavior, inflation, and the overall state of the economy.

Key Facts

  • U.S. households spent an average of $58.55 per month on sugar and sweets in 2021.
  • Spending on sugar and sweets accounts for around 1.1% of total consumer expenditures.
  • Expenditures on sugar and sweets have increased by 4.2% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures monthly consumer expenditures on sugar, honey, and other sweet foods and ingredients by all U.S. households.

Q: Why is this trend relevant for users or analysts?

A: Trends in sugar and sweets expenditures provide insights into consumer behavior, inflation, and the overall state of the economy.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Bureau of Labor Statistics' ongoing Consumer Expenditure Survey.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to understand changes in household consumption patterns and purchasing power.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of approximately 2 months.

Related Trends

Citation

U.S. Federal Reserve, Expenditures: Sugar and Other Sweets: All Consumer Units (CXUSWEETSLB0101M), retrieved from FRED.