Net Change in Total Assets and Liabilities by Region: Residence in the Northeast Census Region
CXUCHGASLILB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,499.00
Year-over-Year Change
3903.71%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic indicator tracks the net change in total assets and liabilities for residents of the Northeast Census Region of the United States. It provides insights into regional financial trends and economic activity.
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 Net Change in Total Assets and Liabilities by Region metric measures the difference between the total value of assets and liabilities held by individuals and households in the Northeast Census Region. This data point is used by economists and policymakers to analyze regional financial conditions and household balance sheet dynamics.
Methodology
The data is collected through surveys and compiled by the U.S. Federal Reserve.
Historical Context
This metric is relevant for understanding regional economic performance and informing policy decisions.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Household balance sheets reflect economic conditions and financial well-being.
- This metric provides insights into regional variations in asset accumulation and debt levels.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the net change in total assets and liabilities for residents of the Northeast Census Region, providing insights into regional financial trends and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional economic performance and informing policy decisions, as it reflects household balance sheet dynamics and financial conditions in the Northeast.
Q: How is this data collected or calculated?
A: The data is collected through surveys and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to analyze regional financial conditions and household balance sheet dynamics, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the survey and compilation process, which may result in some update delays or limitations.
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Citation
U.S. Federal Reserve, Net Change in Total Assets and Liabilities by Region: Residence in the Northeast Census Region (CXUCHGASLILB1102M), retrieved from FRED.