Consumer Price Index for All Urban Wage Earners and Clerical Workers: Owners' Equivalent Rent of Residences in U.S. City Average
CWSR0000SEHC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
386.01
Year-over-Year Change
4.15%
Date Range
1/1/1985 - 6/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Owners' Equivalent Rent of Residences in U.S. City Average measures the estimated costs of housing for homeowners, a key component of overall inflation.
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
This series represents the rental equivalent value of owner-occupied housing, which is an important indicator of housing costs and a significant driver of the overall Consumer Price Index (CPI). It provides insight into changes in the cost of shelter for homeowners, a crucial factor in the cost of living.
Methodology
The data is collected through surveys of rents paid by renters, which are then used to estimate the rental equivalent value of owner-occupied housing.
Historical Context
This metric is closely watched by policymakers, economists, and investors to gauge inflationary pressures and inform monetary policy decisions.
Key Facts
- The Owners' Equivalent Rent component accounts for about 24% of the overall CPI.
- This metric has shown steady increases over the past decade, reflecting rising housing costs.
- Changes in Owners' Equivalent Rent can significantly impact the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the estimated rental equivalent value of owner-occupied housing, a key component of the overall Consumer Price Index (CPI).
Q: Why is this trend relevant for users or analysts?
A: Owners' Equivalent Rent is a crucial indicator of housing costs and a significant driver of inflation, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rents paid by renters, which are then used to estimate the rental equivalent value of owner-occupied housing.
Q: How is this trend used in economic policy?
A: Changes in Owners' Equivalent Rent are closely monitored by the Federal Reserve and other policymakers to gauge inflationary pressures and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Owners' Equivalent Rent data is published monthly by the U.S. Bureau of Labor Statistics, with no significant update delays.
Related Trends
Chained Consumer Price Index for All Urban Consumers: Fuels and Utilities in U.S. City Average
SUUR0000SAH2
Consumer Price Index for All Urban Wage Earners and Clerical Workers: Housing in U.S. City Average
CWSR0000SAH
Consumer Price Index for All Urban Wage Earners and Clerical Workers: Energy Services in U.S. City Average
CWUR0000SEHF
Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Residences in U.S. City Average
CUSR0000SEHC
Consumer Price Index for All Urban Consumers: Energy Services in U.S. City Average
CUUR0000SEHF
Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average
CUUR0000SEHA
Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Owners' Equivalent Rent of Residences in U.S. City Average (CWSR0000SEHC), retrieved from FRED.