All Employees: Education and Health Services: Private Education and Health Services in Connecticut
Not Seasonally Adjusted
CTEDUHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
367.40
Year-over-Year Change
1.38%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures changes in consumer spending on education services without adjusting for seasonal patterns. This metric provides insight into underlying consumer behavior.
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 'Not Seasonally Adjusted' series for consumer spending on education services represents nominal expenditures by households and nonprofit institutions serving households. It is a key indicator of educational demand and affordability.
Methodology
The data is collected through the U.S. Bureau of Economic Analysis' Personal Consumption Expenditures survey.
Historical Context
Economists and policymakers use this indicator to gauge consumer investment in education and assess the broader economic climate.
Key Facts
- Education services account for around 2% of total consumer spending.
- Household spending on education has grown over 4% annually since 2015.
- The COVID-19 pandemic caused a sharp decline in education spending in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures changes in nominal consumer spending on education services without adjusting for seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into underlying consumer demand and investment in education, which is important for assessing the broader economic climate.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Economic Analysis' Personal Consumption Expenditures survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to gauge consumer investment in education and assess factors affecting the affordability and accessibility of education services.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CTEDUHN), retrieved from FRED.