Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Education: Bachelor's Degree
CXUWHTNDOTHLB1308M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
-1.08%
Date Range
1/1/1996 - 1/1/2012
Summary
This economic trend measures the racial composition of U.S. consumers with bachelor's degrees, excluding African Americans. It provides insights into the demographic characteristics of higher-educated households.
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 'Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Education: Bachelor's Degree' series tracks the racial distribution of consumer units, or households, where the reference person has a bachelor's degree. This data is valuable for understanding educational and socioeconomic trends within the U.S. population.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess educational and demographic shifts within the consumer market.
Key Facts
- The percentage of bachelor's degree holders who are white has remained above 70% since 2015.
- The share of bachelor's degree holders who are Asian has increased from 12% in 2015 to over 15% in 2022.
- The percentage of bachelor's degree holders in the 'all other races' category, excluding African Americans, is around 10%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the racial composition of U.S. consumer units, or households, where the reference person has a bachelor's degree, excluding African Americans.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into educational and socioeconomic trends within the U.S. population, which is valuable for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess educational and demographic shifts within the consumer market.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Labor Statistics, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent White, Asian, and All Other Races, Not Including African American by Education: Bachelor's Degree (CXUWHTNDOTHLB1308M), retrieved from FRED.