Net Change in Total Assets by Region: Residence in the Northeast Census Region
CXUCHGASSETLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,738.00
Year-over-Year Change
467.60%
Date Range
1/1/1984 - 1/1/2021
Summary
This economic trend measures the net change in total assets held by households residing in the Northeastern United States. It is an important indicator of consumer wealth and spending power in a key 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 Net Change in Total Assets by Region: Residence in the Northeast Census Region tracks the month-over-month change in total assets, including cash, investments, and real estate, for households located in the Northeast region of the United States. This data provides insights into the financial health and spending capacity of consumers in a critical market.
Methodology
The data is collected through household surveys conducted by the U.S. Federal Reserve.
Historical Context
Policymakers and market analysts use this trend to gauge consumer sentiment and predict spending patterns in the Northeast.
Key Facts
- The Northeast region accounts for over 17% of the U.S. population.
- Total assets in the Northeast have grown by an average of 2.5% annually over the past decade.
- Consumer spending in the Northeast makes up nearly 20% of the national total.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month net change in total assets, including cash, investments, and real estate, held by households residing in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the financial health and spending capacity of consumers in the economically significant Northeast region, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to gauge consumer sentiment and predict spending patterns in the Northeast, which is a critical market for the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 6-8 weeks. There may be limitations in capturing all household assets, especially illiquid or informal holdings.
Related Trends
Other Separations: Total Nonfarm in Northeast Census Region
JTU00NEOSL
New Privately Owned Housing Starts by Purpose of Construction, Built for Sale Total Two or More Units in the Northeast Census Region
HOUSTPFST2UMNEQ
Expenditures: Food at Home by Region: Residence in the Northeast Census Region
CXUFOODHOMELB1102M
Total Separations: Total Nonfarm in Northeast Census Region
JTU00NETSR
Housing Inventory Estimate: Year-Round Vacant Housing Units in the Northeast Census Region
EYRVACNEQ176N
Employed Persons in Northeast Census Region
LASRD910000000000005
Citation
U.S. Federal Reserve, Net Change in Total Assets by Region: Residence in the Northeast Census Region (CXUCHGASSETLB1102M), retrieved from FRED.