Consumer Unit Characteristics: Percent High School (9-12) by Region: Residence in the Northeast Census Region
CXU980300LB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.00
Year-over-Year Change
-22.86%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures the percentage of consumer units in the Northeast Census Region of the United States who have a high school education, including 9th to 12th grade. It provides insights into educational attainment levels in this geographic region.
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 Consumer Unit Characteristics data from the U.S. Bureau of Labor Statistics tracks demographic and socioeconomic information about American households. This specific series focuses on educational attainment, which is a key indicator of human capital and can influence economic outcomes.
Methodology
The data is collected through the Consumer Expenditure Survey, a nationwide household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and market analysts to understand regional differences in educational attainment and its potential impact on the economy.
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 consumer units in the Northeast with a high school education was 93.3%.
- Educational attainment varies significantly by region in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of consumer units in the Northeast Census Region of the United States who have a high school education, including 9th to 12th grade.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a key indicator of human capital and can influence economic outcomes, so this trend provides insights into the educational profile of households in the Northeast region.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey, a nationwide household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to understand regional differences in educational attainment and its potential impact on the economy.
Q: Are there update delays or limitations?
A: The Consumer Expenditure Survey data is published with a delay, and the specific series on high school attainment in the Northeast region may have limited sample sizes.
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Citation
U.S. Bureau of Labor Statistics, Consumer Unit Characteristics: Percent High School (9-12) by Region: Residence in the Northeast Census Region (CXU980300LB1102M), retrieved from FRED.