Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for United States
USACP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.69
Year-over-Year Change
4.27%
Date Range
12/1/2009 - 12/1/2024
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in the United States measures changes in the cost of housing for consumers. This metric is a key indicator of inflation and living costs.
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 CPI for Actual Rentals for Housing represents the price changes for rent payments made by tenants. It is an important component of the overall CPI, which is widely used to track and analyze domestic price levels and inflationary trends.
Methodology
The U.S. Bureau of Labor Statistics collects data through surveys of housing rents to calculate this index.
Historical Context
The CPI for Actual Rentals for Housing is closely monitored by policymakers, economists, and market analysts to assess the state of the economy and consumer finances.
Key Facts
- The CPI for Actual Rentals for Housing has a base year of 1999.
- It is a component of the broader Consumer Price Index (CPI).
- Rental costs are a significant portion of consumer spending in the United States.
FAQs
Q: What does this economic trend measure?
A: The CPI for Actual Rentals for Housing measures changes in the prices paid by consumers for rental housing in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and living costs, making it essential for understanding consumer price dynamics and the overall state of the economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects data through surveys of housing rents to calculate this index.
Q: How is this trend used in economic policy?
A: The CPI for Actual Rentals for Housing is closely monitored by policymakers, economists, and market analysts to assess the state of the economy and consumer finances.
Q: Are there update delays or limitations?
A: The CPI for Actual Rentals for Housing data is published monthly with minimal delays, providing timely insights into housing costs and inflation.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for United States (USACP040100IXOBM), retrieved from FRED.