Expenditures: Toys, Hobbies, and Playground Equipment by Income Before Taxes: $200,000 and More
CXUTOYSLB0223M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
459.00
Year-over-Year Change
71.27%
Date Range
1/1/2015 - 1/1/2023
Summary
This economic trend measures consumer expenditures on toys, hobbies, and playground equipment for households with income before taxes of $200,000 or more. It provides insight into the spending patterns of high-income consumers, which is valuable for businesses, policymakers, and economists analyzing consumer demand.
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: Toys, Hobbies, and Playground Equipment by Income Before Taxes: $200,000 and More series tracks monthly consumer spending on these discretionary goods and services by the highest-income U.S. households. This data point is used to understand the purchasing behavior and preferences of affluent consumers, which can inform product development, marketing, and economic forecasting.
Methodology
The data is collected through the Consumer Expenditure Survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for businesses, investors, and policymakers seeking to understand trends in high-end consumer demand.
Key Facts
- Covers spending by U.S. households with income over $200,000
- Measures discretionary purchases of toys, hobbies, and playground equipment
- Provides insight into spending patterns of affluent consumers
FAQs
Q: What does this economic trend measure?
A: This trend measures consumer expenditures on toys, hobbies, and playground equipment for U.S. households with income before taxes of $200,000 or more.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the spending behavior and preferences of high-income consumers, which is useful for businesses, investors, and policymakers analyzing demand in the luxury goods and services market.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, analysts, and policymakers to understand trends in high-end consumer demand, which can inform decisions around product development, marketing, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Expenditures: Toys, Hobbies, and Playground Equipment by Income Before Taxes: $200,000 and More (CXUTOYSLB0223M), retrieved from FRED.