Expenditures: Apparel, Women, 16 and over by Occupation: Retired
CXUWOMENSLB1209M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
580.00
Year-over-Year Change
-0.34%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures women's apparel expenditures among the retired population in the United States. It provides insights into the consumption patterns and spending habits of this demographic group.
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: Apparel, Women, 16 and over by Occupation: Retired' series tracks the average monthly expenditures on women's clothing and accessories by retired individuals. This data is useful for understanding the spending behavior and financial priorities of retirees, which can inform economic and consumer trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for policymakers, retailers, and economists analyzing consumer demand and the economic well-being of retirees.
Key Facts
- Women's apparel spending by retirees has remained relatively stable over the past decade.
- Retirees typically allocate a smaller proportion of their budgets to clothing compared to younger demographics.
- Clothing expenditures tend to be influenced by factors like age, income, and lifestyle changes in retirement.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly expenditures on women's clothing and accessories by the retired population in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending behavior and financial priorities of retirees, which can inform economic and consumer trends, as well as marketing and retail strategies.
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 relevant for policymakers, retailers, and economists analyzing consumer demand and the economic well-being of retirees.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Apparel, Women, 16 and over by Occupation: Retired (CXUWOMENSLB1209M), retrieved from FRED.