Consumer Unit Characteristics: Percent Never Attended School and Other by Region: Residence in the Northeast Census Region
CXU980320LB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1984 - 1/1/2009
Summary
This economic trend measures the percentage of consumer units in the Northeast Census Region that have never attended school and other characteristics. It provides insights into educational attainment and household composition in the 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 series tracks various socioeconomic attributes of consumer units, which are defined as families, single persons living alone or sharing a household with others, or other multi-person households. This specific indicator focuses on the Northeast region and can help analysts understand regional differences in educational and demographic factors.
Methodology
The data is collected through the Consumer Expenditure Survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is useful for policymakers and economists studying regional economic and social trends.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- In 2022, 0.1% of consumer units in the Northeast had a reference person who never attended school.
- The percentage of consumer units in the Northeast with 'other' characteristics was 1.3% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of consumer units in the Northeast Census Region that have never attended school and other educational and demographic characteristics.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional differences in educational attainment and household composition, which are important factors for policymakers and economists studying economic and social trends.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to understand regional economic and social dynamics, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delay in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Consumer Unit Characteristics: Percent Never Attended School and Other by Region: Residence in the Northeast Census Region (CXU980320LB1102M), retrieved from FRED.