Expenditures: Meats, Poultry, Fish, and Eggs by Region: Residence in the Northeast Census Region
CXUANIMALLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,336.00
Year-over-Year Change
51.47%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures consumer expenditures on meats, poultry, fish, and eggs by households residing in the Northeast Census Region of the United States. It provides insights into regional consumer behavior and spending patterns in this key product category.
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 'Expenditures: Meats, Poultry, Fish, and Eggs by Region: Residence in the Northeast Census Region' series tracks monthly consumer spending on these food items for households located in the Northeastern United States. This data is used by economists and policymakers to analyze regional consumption trends and understand geographic differences in consumer behavior.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This regional consumption data helps inform economic and policy decisions related to the food and agriculture industries.
Key Facts
- Meats, poultry, fish, and eggs account for a significant portion of household food budgets.
- Consumer spending in this category varies by geographic region due to differences in preferences and prices.
- The Northeast Census Region includes 9 states in the Northeastern United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures consumer expenditures on meats, poultry, fish, and eggs for households residing 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 regional consumer behavior and spending patterns in this key food category, which is useful for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This regional consumption data helps inform economic and policy decisions related to the food and agriculture industries.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the underlying Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Meats, Poultry, Fish, and Eggs by Region: Residence in the Northeast Census Region (CXUANIMALLB1102M), retrieved from FRED.