Consumer Unit Characteristics: Percent Women Reference Persons by Region: Residence in the Northeast Census Region
CXU980220LB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
-5.45%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the percentage of women who are the reference persons in consumer units residing in the Northeast Census Region of the United States.
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 Percent Women Reference Persons by Region statistic provides insights into the demographic composition of consumer units, which are households or other entities that make consumer expenditure decisions. This data is used by economists and policymakers to analyze regional differences in household structures and purchasing patterns.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This trend is relevant for understanding regional variations in consumer behavior and informing economic policies.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- In 2021, the percentage of women reference persons in the Northeast Census Region was 58.8%.
- The Percent Women Reference Persons statistic has been tracked since 1984.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of women who are the reference persons, or heads of consumer units, in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the demographic composition of households in the Northeast, which is useful for understanding regional variations in consumer behavior and informing economic policies.
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 used by economists and policymakers to analyze regional differences in household structures and purchasing patterns, which can inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The Percent Women Reference Persons statistic is updated monthly and has been tracked since 1984.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Women Reference Persons by Region: Residence in the Northeast Census Region (CXU980220LB1102M), retrieved from FRED.