Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in Northeast
CUUS0100SEHC01 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
468.29
Year-over-Year Change
27.33%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in the Northeast measures changes in the cost of housing for homeowners in the Northeast region of the United States. This metric is a key indicator of inflation and cost of living for policymakers and economists.
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 Owners' Equivalent Rent (OER) component of the CPI tracks the estimated rental cost that homeowners would pay for their residence, providing insight into housing costs. The Northeast OER reflects price trends specifically in that geographic region.
Methodology
The data is collected through surveys of consumers and housing providers by the U.S. Bureau of Labor Statistics.
Historical Context
The Northeast OER is used to adjust economic policy and monitor consumer price trends in the region.
Key Facts
- Tracks estimated rental costs for homeowners in the Northeast U.S.
- Part of the overall Consumer Price Index (CPI) measure of inflation
- Used by policymakers to understand regional cost of living trends
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in the Northeast measures changes in the estimated rental cost for homeowners in that geographic region.
Q: Why is this trend relevant for users or analysts?
A: The Northeast OER is a key component of the overall CPI, providing insight into housing costs and inflation for consumers and policymakers in the region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and housing providers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Northeast OER is used by economists and policymakers to monitor consumer price trends and adjust economic policies in the region.
Q: Are there update delays or limitations?
A: The Northeast OER data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in Northeast (CUUS0100SEHC01), retrieved from FRED.